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Gov’t plans to narrow VAT payment window

The Government yesterday unveiled plans to shrink the Value-Added Tax (VAT) payment window by seven days, and other revenue enforcement measures, amid the numerous tariff rate cuts consistent with a pre-election Budget.

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

NAVIGATING YOUR SHIP BACK TO SHORE

By Ian Ferguson Our final chapter in this leadership series focuses the attention of the leader on his behaviour during turbulent times. Leaders face many challenges. As you read this article, I am certain your mind will circle the many institutional, fi

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Pinder moves one year after ‘amazing’ deal

One year after receiving a “mind blowing” offer he was unable to turn down, former financial services minister Ryan Pinder yesterday confirmed his career is on the move again - this time to the Graham, Thompson & Co law firm as partner.

'Unsustainable' costs drive Old Fort Club's 67% fee rise

By NEIL HARTNELL Tribune Business Editor The exclusive Old Fort Bay club yesterday warned members it had "no alternative" but to implement the first ever increase in annual membership dues, raising them by 67 per cent to $5,000 per year, given that costs

'UNSUSTAINABLE' COSTS DRIVE OLD FORT CLUB'S 67% FEE RISE

By NEIL HARTNELL Tribune Business Editor The exclusive Old Fort Bay club yesterday warned members it had "no alternative" but to implement the first ever increase in annual membership dues, raising them by 67 per cent to $5,000 per year, given that costs

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

BTC warns union on its 'long-term health'

BTC warns union on its 'long-term health' By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) last night reminded the trade unions representing its staff that it had to safeguard its "long-term health", since an unfavou

Govt told: ‘Cut inefficient taxes across the board’

The Government was yesterday urged by a leading governance reformer to reduce “inefficient taxes across the board” so that it could make room for potential Value-Added Tax (VAT) rate increases.

SECOND BAHAMIAN JOINS NAD TOP RANK

A second Bahamian has joined the Nassau Airport Development Company's (NAD) top executive ranks. Kevin McDonald has been appointed to the position of vice-president of maintenance and engineering, with effect from January 1, 2012. He will also become an

Web shop owner in $27m bank rescue

By NEIL HARTNELL Tribune Business Editor Bahamas-based web shop boss, Craig Flowers, along with BISX-listed Bank of the Bahamas International, were both separately approached to rescue a bust Turks & Caicos bank that required a $27 million injection to r

Web shop owner in $27m bank rescue

By NEIL HARTNELL Tribune Business Editor Bahamas-based web shop boss, Craig Flowers, along with BISX-listed Bank of the Bahamas International, were both separately approached to rescue a bust Turks & Caicos bank that required a $27 million injection to r

Web shop owner in $27m bank rescue

By NEIL HARTNELL Tribune Business Editor Bahamas-based web shop boss, Craig Flowers, along with BISX-listed Bank of the Bahamas International, were both separately approached to rescue a bust Turks & Caicos bank that required a $27 million injection to r

Payroll tax unable to cover NHI

A 3 per cent payroll tax will not be sufficient to cover the proposed National Health Insurance (NHI) scheme’s total costs, the private sector yesterday warning that sticking to a January 2016 implementation will create a “challenging sprint to the finish”.

China provides 'no Baha Mar comfort'

Baha Mar's Bahamian creditors and former employees "can't take much comfort" from the project's financier breaking its silence, the FNM's deputy leader arguing that it merely confirmed "no deal is in hand".

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FINCO in profit boost as bad loans hit $100m

FINCO in profit boost as bad loans hit $100m By NEIL HARTNELL Tribune Business Editor The $5.4 million boost from changes to its loan loss provisioning calculation enabled Finance Corporation of the Bahamas (FINCO) to enjoy a 3.18 per cent net income in

NAD READIES FOR 10,000 PASSENGER EASTER PERIOD

The Nassau Airport Development Company (NAD) is gearing up for an Easter weekend when it is likely to process up to 10,000 passengers, this week marking five years since it took over day-to-day operations at the Lynden Pindling International Airport (LPIA