And while, if you are shopping at a store that sells lots of gift items - the 12.5% discount will be clear on your receipt.

But, if you're shopping at a grocery store or supermarket - which sells a lot of zero rated items - how can you see your discount? Here's what to look for:

Vilma Broaster, Belize Tax Service

"Normally, when you purchase your goods, you will see that the receipt will show that there's a T, which means that that supply that good is taxable or there's an N, or it says non taxable. So that is what will guide the consumer in order to know what will the goods the exemption will be on."

"Because once you see a T, you know it's a taxable supply. And so that those goods should then be exempt."

Tags Vilma Broaster Belize Tax Service