"%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BDTALK%3APC90%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%EF%BF%BD%3Awww.za32.net" | Search

Bahamian talent something to be proud of or an embarassment?

EDITOR, The Tribune.

POLICE NET $3M IN DRUG SEIZURES

DRUGS Enforcement Unit (DEU) officers discovered more than $1m worth of marijuana on Thursday afternoon in Exuma, hours after they seized $2m worth of marijuana on a boat in waters off New Providence.

Banks face 'Hand to hand mortgage combat'

Bahamian financial institutions are engaged in “hand to hand combat” to find scarce quality mortgage clients, a leading banker yesterday arguing that 8 per cent interest yields were not enough top compensate for high delinquency rates.

Public loses confidence as politicians juggle figures

THE Department of Statistics is now being dragged to the Mad Hatter’s Ball. First it was the crime statistics, now it appears that the Department of Statistics and National Insurance are out of step with the score sheet set for them by the politicians.

Permanent residence reforms 'no hedge' on tax info share

The proposed permanent residency reforms are “not a hedge” against OECD/G-20 plans for a worldwide automatic exchange of tax information system, a leading financial services executive said yesterday.

Extraction - the price of dental neglect

BY DR SPARKMAN

Doctors chief: VAT policy 'another nail in coffin'

Doctors Hospital’s president has blasted the Value-Added Tax (VAT) Bill’s “discrimination” against private healthcare, adding: “It’s just one more nail in the coffin.”

Chamber to lobby for auto duty reduction

The Tax Coalition will lobby the Government for a 5-7.5 percentage point reduction in auto industry duty rates, its co-chair arguing: “We can’t afford for that industry to fall apart.”

Bahamians urged: Don't comply with VAT until banks, web shops taxed

Bahamians have been urged not to comply with Value-Added Tax (VAT) until “the politicians pay their dues”, and the banks and web shops have been made ‘VAT-able’.

Bahamas in 4-0 loss to Puerto Rico

IT WAS a disappointing finish for Team Bahamas at the Caribbean Football Union Men’s Under-17 Qualifiers this week as the team was unable to advance to the next round of play.

PM confident unemployment will fall to 10% or less

PRIME Minister Perry Christie said yesterday he is “confident” that the unemployment rate will fall to “10 per cent or less” in the next two to three years.

'Gut-wrenching' VAT on BEC bills

FNM Chairman Darron Cash yesterday blasted the government for its “gut-wrenching” decision to apply Value Added Tax to electricity bills.

Health insurance sector 'shock' at VAT reversal

Bahamian health insurers were yesterday said to be “shocked” that the Government chose to impose 7.5 per cent Value-Added Tax (VAT) on their clients’ premiums, with its view that the sector will be better off reclaiming its input taxes currently untested.

'Big disaster' fear as VAT not best fit

The Government was yesterday warned that imposing a 7.5 per cent Value-Added Tax (VAT) on premiums will cause a drop in the number of Bahamians covered by property and casualty insurance, with one senior executive describing the new tax as “a big disaster”.

VAT is added to BEC bills

THE government tabled the anticipated value added tax (VAT) bill in the House of Assembly yesterday while releasing a list of proposed changes to tariff and excise duty rates and disclosing a “pared down” list of VAT exempt services that does not include electricity.

Coalition co-chief praises 'awesome macro' VAT reforms

A Tax Coalition co-chair yesterday praised the Government for a seemingly “awesome” job with its ‘big picture’ Value-Added Tax (VAT) adjustments, and eliminating the “nightmare” of intra-group reporting.

Exemption elimination saves Super Value $7m

Super Value’s owner yesterday confirmed the decision to ‘exempt’ no goods from Value-Added Tax (VAT) would save his company $5-$7 million in extra costs per annum, with the sector’s “biggest objection” to the new tax now removed.

VAT Briefs

While commercial property sales involving occupied buildings will see 7.5 per cent Value-Added Tax (VAT) levied on the sales price, Financial Secretary John Rolle yesterday said companies would be able to claim a ‘credit’ for it, or ‘net it off’, in their VAT returns.

$600m plant's principal: No waste tender needed

The principal behind a controversial $600 million waste-to-energy plant proposal has told Tribune Business there is “no need” to put this project out to competitive public tendering, arguing that this was already taken care of by the BEC reform process.

9,000 jobs lost under 15% VAT

The initial 15 per cent Value-Added Tax (VAT) would have “eliminated” 9,000 Bahamian jobs and caused a $380 million drop in tourism sales in 2015, an industry study estimated.

The Tribune

All results / Stories

Sort By

Date

Authors