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Expense management module  ›  Global expense management  ›  Trinidad and Tobago
Last updated : 11.05.2026

Expense rules in Trinidad and Tobago.

Trinidad and Tobago applies VAT at 12.5%. Caribbean oil-producing country, regional financial hub.

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VAT
12.5%
Reduced
0% (export, basic foods)
Currency
TTD
Per diem
TTD 500-900
Non-res.
No
TZ
UTC-4

Disclaimer: This country guide is provided for informational purposes only and does not constitute legal advice. Although we update it regularly, it may not reflect ongoing regulatory changes. Illizeo SA declines all responsibility for actions taken or not taken based on this content.

1Expense rules & reclaimable VAT

VAT 12.5% single rate.
Source: BIR (Board of Inland Revenue)
CategoryVATReclaimCap / Note
Meals12,5%DeductibleTax invoice + BIR no
Lodging12,5%DeductibleBIR registration
Alcohol12,5%LimitedExcluded
Fuel12,5%DeductibleInvoice
Transport12,5%DeductibleTaxi/airfare
Gifts12,5%Non-deductibleCap

Receipt

Tax invoice

BIR number

2Mileage allowance

Actual.
Actual
ModeAllowanceCapNote
Personal carFuelInvoice
Company carCard
Taxi100% receiptInvoice

Tracking

Logbook

Date, distance

3Per diem and travel allowances

Company policy.
Company policy
DestinationMealLodging / nightDaily rate
Port of SpainTTD 150TTD 550TTD 900
San FernandoTTD 130TTD 450TTD 750
TobagoTTD 140TTD 500TTD 850
OtherTTD 110TTD 400TTD 650

Conversion

~1 EUR = 7.4 TTD

Stable

4Foreign VAT recovery

Residents only.
Residents only
ZoneMechanismDeadlineMethod
ResidentCreditBi-monthlyReturn
Non-residentNoneFinal cost
Free ZonesIncentivesPer approvalRegime

Limitations

6 years

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