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Bahamians warned: Brace for post-VAT delinquency cut-off

Bahamians must get used to companies increasingly cutting them off for non-payment due to Value-Added Tax’s (VAT) cash flow impact, a well-known businessman warned yesterday.

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Gov’t is warned: Don’t fall in love with VAT monies

The Government has been warned not to become “too enamoured” with Value-Added Tax’s (VAT) relatively successful start in preparing next week’s 2015-2016 Budget.

Mango provider eyes staff, retail 'ramp up'

Mango provider eyes staff, retail 'ramp up' By NEIL HARTNELL Tribune Business Editor Transfer Solutions Providers (TSP), the Mango card provider, yesterday said it was planning "within two-three months" to ramp up staff levels to 20-25 employees and ope

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PM says: ‘Make best of bad situation’ on VAT

A “very conciliatory” Prime Minister Perry Christie has urged the private sector to “make the most of a bad situation” on Value-Added Tax (VAT) and its implementation, Tribune Business can reveal.

Hotel union on gratuity ‘red alert’

The Bahamas Hotel Catering & Allied Workers Union (BHCAWU) yesterday said it had placed its members on ‘red alert’, amid fears that other New Providence hotels will attempt to follow Baha Mar’s lead and eliminate the 15 per cent gratuity enjoyed by hotel employees.

GB airlift solution 'not instant coffee'

By NEIL HARTNELL Tribune Business Editor Contracting Bahamasair to solve Grand Bahama's airlift woes "will not be instant coffee", the minister of tourism and aviation conceded yesterday, adding that his ministry's plans were merely "rebuilding the infra

NEXT GOV'T 'CANNOT IGNORE' TAX REFORM

By NEIL HARTNELL Tribune Business Editor The next Government cannot "ignore the need" for tax reform and moving towards a sales/Value Added (VAT" tax regime, the minister of state for finance telling Tribune Business there was still "a reasonable enough

SEC moving for sanctions against broker’s principal

US federal regulators are seeking sanctions and a default judgment against the Bahamian principal of a broker/dealer for failure to comply with a New York court’s order.

Ex-BCA chief says $15m to Bahamians for roadworks 'low'

Ex-BCA chief says $15m to Bahamians for roadworks 'low' By NEIL HARTNELL Tribune Business Editor A former Bahamian Contractors Association (BCA) president yesterday said the 13.7 per cent of work sub-contracted out to Bahamian firms on the New Providenc

Ex-BCA chief says $15m to Bahamians for roadworks 'low'

Ex-BCA chief says $15m to Bahamians for roadworks 'low' By NEIL HARTNELL Tribune Business Editor A former Bahamian Contractors Association (BCA) president yesterday said the 13.7 per cent of work sub-contracted out to Bahamian firms on the New Providenc

Real property tax compliance 'higher than in the past'

By NEIL HARTNELL Tribune Business Editor Real property tax compliance is "higher than in the past, that's for sure", a government minister telling Tribune Business yesterday that new administration/enforcement measures would "yield" improved collection r

Consumer chief set to investigate BPL bill spike

The Consumer Protection Commission’s chairman last night promised to investigate the “double” and “triple” energy bill increases many consumers are now experiencing as a result of Bahamas Power & Light’s (BPL) post-Matthew billing practices.

BAHAMIANS QUALIFY AS SANDALS BUTLERS

Nine Bahamians last week graduated from training at The Guild of Professional English Butlers, part of a move by Sandals Royal Bahamian to expand its butler staff. Some 21 butler rooms in its newly renovated Balmoral Towers will come on line soon. Patrick

BAHAMIANS QUALIFY AS SANDALS BUTLERS

Nine Bahamians last week graduated from training at The Guild of Professional English Butlers, part of a move by Sandals Royal Bahamian to expand its butler staff. Some 21 butler rooms in its newly renovated Balmoral Towers will come on line soon. Patrick

BAHAMIANS QUALIFY AS SANDALS BUTLERS

Nine Bahamians last week graduated from training at The Guild of Professional English Butlers, part of a move by Sandals Royal Bahamian to expand its butler staff. Some 21 butler rooms in its newly renovated Balmoral Towers will come on line soon. Patrick

BAHAMAS OUT OF STEP ON 'INFORMATION AGE'

By NEIL HARTNELL Tribune Business Editor The Bahamas must retool its economy and workforce to offer an expanded services menu including software development and retirement homes, the Chamber of Commerce and Employers Confederation's (BCCEC) chairman sugg

THE BIGGER PICTURE ON LOCAL BUYING

By Ian Ferguson The expression 'Buy Bahamian' was uttered many years ago in a desperate plea to encourage locals to support, and buy goods and services, produced in the Bahamas. I believe it was Cleveland Eneas who once jokingly declared that Bahamians w

THE BIGGER PICTURE ON LOCAL BUYING

By Ian Ferguson The expression 'Buy Bahamian' was uttered many years ago in a desperate plea to encourage locals to support, and buy goods and services, produced in the Bahamas. I believe it was Cleveland Eneas who once jokingly declared that Bahamians w

THE BIGGER PICTURE ON LOCAL BUYING

By Ian Ferguson The expression 'Buy Bahamian' was uttered many years ago in a desperate plea to encourage locals to support, and buy goods and services, produced in the Bahamas. I believe it was Cleveland Eneas who once jokingly declared that Bahamians w

THE BIGGER PICTURE ON LOCAL BUYING

By Ian Ferguson The expression 'Buy Bahamian' was uttered many years ago in a desperate plea to encourage locals to support, and buy goods and services, produced in the Bahamas. I believe it was Cleveland Eneas who once jokingly declared that Bahamians w