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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.

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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.

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BEC managerial talks start today

The Government will today begin negotiations with PowerSecure International over the five-year Bahamas Electricity Corporation (BEC) management contract, amid pledges that the deal will be overseen by “a non-partisan” Board.

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

IMF: FISCAL REFORM DELAYS MAY 'JEOPARDISE RECOVERY'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

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

Bahamas ‘must get it right first time’ on tourism value

The Bahamas Hotel and Tourism Association’s (BHTA) president has warned that this nation will suffer reduced stopover arrivals unless its product value improves, adding: “We need to get it right first time.”

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

Insurance recovery may wait until 2017

The Bahamian insurance industry may have to wait until mid-2017 to return to strong growth, with one leading underwriter saying its main goal is to “hold the fort”.

Public liens make IBCs 'a bit unique'

By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni

Public liens make IBCs 'a bit unique'

By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni

Public liens make IBCs 'a bit unique'

By NEIL HARTNELL Tribune Business Editor The ability to file liens in the public registry against the shares and assets of International Business Companies (IBCs) makes these vehicles "a little bit unique and creates an advantage" for the Bahamas, a seni

Bahamasair facing $1m hangar upgrade

Bahamasair facing $1m hangar upgrade By NEIL HARTNELL Tribune Business Editor Bahamasair's 2012-2013 government subsidy requirement has not yet been determined due to a number of unknowns, including a likely $1 million spend to upgrade its main 50 year-

Bahamasair facing $1m hangar upgrade

Bahamasair facing $1m hangar upgrade By NEIL HARTNELL Tribune Business Editor Bahamasair's 2012-2013 government subsidy requirement has not yet been determined due to a number of unknowns, including a likely $1 million spend to upgrade its main 50 year-

Bahamasair facing $1m hangar upgrade

Bahamasair facing $1m hangar upgrade By NEIL HARTNELL Tribune Business Editor Bahamasair's 2012-2013 government subsidy requirement has not yet been determined due to a number of unknowns, including a likely $1 million spend to upgrade its main 50 year-