The Budget statement for the year 2025 was laid in Parliament on September 30, 2024, by the Honourable Minister of Finance and is the tenth budget of the current administration’s term in office.
This Budget statement has been prepared at a time when the global economic outlook is uncertain, and it is befitting that the theme of this year’s presentation is “Steadfast and Resolute Forging Pathways to Prosperity.”
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Every business is different, the challenges they face vary but all need bespoke solutions. Businesses also share common ground when it comes to striving for reducing costs and improving efficiencies.
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Transactions are significant events in the life of a business, so the stakes are high for both buyers and sellers.
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Press Release
Budget Review: 2025

Diversity, Equity and Inclusion
Women in leadership: a pathway to better performance
Women’s leadership in senior positions can impact the commercial performance of mid-market businesses including profit expectations.
Look into our insights

IFRS 2
Classification of share-based payment transactions and vesting conditions
Demystifying IFRS 2 by explaining the fundamentals of accounting for share-based payments.

International Financial Reporting Standards
What is IFRS 2?
The accounting of share-based payments remains not well understood and this is evidenced by a number of Interpretations and agenda decisions being issued by the IFRS Interpretations Committee (IFRIC).

Promoting ESG excellence through tax
ESG considerations have never been more important for an organisation’s long-term success, but how can tax be used to add value to an ESG agenda?
ESG considerations have never been more important for an organisation’s long-term success, but how can tax be used to add value to an ESG agenda?

Understanding the impact of environmental taxes
Understanding the impact of environmental taxes
The role that tax can play in adding value to ESG goals could certainly be better known, and organisations could benefit significantly from understanding the role it plays.

2024 Budget Review
Our thoughts on the national budget are now available
2024 Budget Review - Grant Thornton Trinidad and Tobago

Sustainability
Overview of IFRS S1 and IFRS S2
Practical next steps for preparing to report on International Sustainability Disclosure Standards.

ISSB issues its first sustainability standards
ISSB issues its first sustainability standards
ISSB issues its first sustainability standards - Grant Thornton Trinidad and Tobago

When should integration planning begin?
The deal process can be long and complex, taking months or even years.
When should integration planning begin? - Grant Thornton Trinidad and Tobago

Building trust through data quality tools
Modern businesses collect more data than ever, but getting it into a usable shape..
Building trust through data quality tools

Women in Business 2023: Now is the time to push for parity
Growth is always positive — right? Well, it’s nuanced.
Women in Business 2023: Now is the time to push for parity

Blog Post
Is outsourcing right for your business?
How to determine if outsourcing financial services is right for your business

Management accounts - a checklist can help
Management accounts - a checklist can help
Management accounts - a checklist can help