RAINBOW Tourism Group (RTG) says it paid US$13,27 million in taxes in 2025, up 18 percent from US$11,23 million a year earlier, driven by expansionary projects undertaken. The hospitality firm said higher Value Added Tax (VAT) and Pay As You Earn (PAYE) remittances drove the increase. VAT contributed US$6,2 million, while PAYE accounted for US$5,09…
Rainbow Tourism Group tax bill jumps 18 percent to US$13,3 million
The hospitality firm said higher Value Added Tax (VAT) and Pay As You Earn (PAYE) remittances drove the increase. VAT contributed US$6,2 million, while PAYE accounted for US$5,09 million, together representing at least 85 percent of the total.