Realtor: Incentivise rentals registration
Short-term vacation rental owners must be incentivised to register their properties with the Department of Inland Revenue and pay any VAT that is due, a realtor argued.
Licensing regime concerns for long-standing liquor merchants
A liquor store proprietor has argued it would be “unfair” for long-established alcohol merchants and bars to be denied licence renewals in the Government’s crackdown on the sector’s inner-city saturation.
Ex-GB Chamber chief in consumer spending rise
A Grand Bahama businessman says the island’s economic activity is improving with residents having more disposable income to spend in restaurants and on consumer goods.
Tax agency ‘catches lot of heat’ but acting on user experience
The Department of Inland Revenue’s top executive has admitted the agency “catches a lot of heat” as it prepares to launch an initiative designed to improve efficiency and turnaround time.
Eleuthera residents eyeing St George’s Power ‘Plan B’
Frustrated Eleuthera residents yesterday suggested that St George’s Cay Power Company (SGCPC) replace Bahamas Power & Light (BPL) or provide a reserve option for the mainland.
BPL holds-off disconnections on Eleuthera outage outrage
Bahamas Power & Light (BPL) yesterday pledged it will not this week disconnect Eleuthera customers over past-due bills amid rising outrage over frequent and long-lasting electricity outages.
Briland among targets for vacation rental crackdown
Harbour Island is among multiple Family Island destinations set to be targeted by the Department of Inland Revenue’s crackdown on undeclared short-term vacation rentals, it was revealed yesterday.
DPM named Americas’ vice-president to UN tourism body
The Deputy Prime Minister has been elected as vice-president of the United Nations World Tourism Organisation (UNWTO) General Assembly representing the Americas region.
BTC hails ‘Blue Letter Day’ as GB fully fibre
The Bahamas Telecommunications Company (BTC) yesterday said all Grand Bahama subscribers have been migrated to its new fibre-optic technology with more than 23,500 homes passed by the network.
Report undeclared vacation rentals to tax authorities, Bahamians told
Bahamians were yesterday encouraged to report neighbours with undeclared short-term vacation rentals to the tax authorities who have “flagged” more than 20,000 such properties as not registered.
Liquor stores face DIR registration next month
Liquor stores will from September 1 have to register with the Department of Inland Revenue’s website as part of the Government’s crackdown on the sector’s over-saturation in inner-city Nassau.
Eleuthera resort closes eatery ‘to protect future’
An Eleuthera resort has blamed a downturn in business for the “tough decision” to close its restaurant and “furlough” impacted staff with effect from Monday, August 18.
Real estate VAT reforms must be ‘win-win’ result
The execution of real estate-related VAT reforms must create “a win-win situation” for both industry and government, it was argued yesterday, amid the ongoing wait for “important” implementation guidance.
Humane Society issues plea for support after break-in
BAHAMAS Humane Society president Kim Aranha issued an appeal for private sector and public donations after the charity was damaged during a robbery early Wednesday morning.
Businesses blame stopover drop for decline in income
THE owner of the Green Parrot restaurant has reported slow summer numbers - that he attributed to declining stopover visitor numbers.
