Search results for : business licences

Showing 1 to 10 of 237 results


News Article

May 19, 2016
Bus drivers angry at business licence delay

PUBLIC bus drivers in Grand Bahama are upset about the long delay in getting their annual business licences from the government after putting in applications, some over three months ago.

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News Article
Department of Inland Revenue Enforcing Business Licences Penalties and Surcharges
November 09, 2015
Department of Inland Revenue Enforcing Business Licences Penalties and Surcharges

The Department of Inland Revenue (CRA) reminds the public that fines and penalties are now being imposed as a result of the July 2015 amendment to the Business Licence Act.

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News Article

January 17, 2011
Govt 'nets' 300k through Business Licence reforms

By NEIL HARTNELL

Tribune Business Editor

and TANEKA THOMPSON

Tribune Staff Reporter

tthompson@tribunemedia.net

The Government is expecting to earn a net $300,000 revenue increase from reforms to the Business Licence Act and its taxes, a government minister said yesterday, confirming that the rates for industries such as construction and the hotels had been adjusted downwards by 0.25 percentag...

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News Article

July 26, 2010
Business Licence Bill Debate contribution by Prime Minister Hubert Ingraham

Nassau, Bahamas - Enclosed is a

Contribution by Prime Minister the Rt. Hon. Hubert Ingraham.

Since returning to office in 2007, my
Government has remained steadfastly committed to strengthening the domestic
business environment. Our
overriding objective in doing so is to facilitate the creation of new
businesses and the expansion of existing ones, both of which are vital to
securing growing empl...

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News Article

December 27, 2010
Contractors still waiting on Business Licence woe

By ALISON LOWE

Business Reporter

alowe@tribunemedia.net

The Bahamian Contractors Association's (BCA), which had hoped to receive word from government on concerns raised about the proposed hike in their business license fees, are still awaiting the Ingraham administration's "judgment" on the matter.

Larger contractors, in particular, had expressed anxiety about the Government's proposal to incr...

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News Article

January 06, 2011
Business licence registration forms available online

The heavily-debated new Business Licence Act is finally here, with the Ministry of Finance sending out a reminder that registration forms for businesses can now be obtained online.

“The Ministry of Finance advises the public that the new Business Licence Act 2010 took effect on January 1, 2011,” said a statement sent to Guardian Business yesterday. “All businesses operating within The Bahamas ...

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News Article

August 18, 2010
Business Licence reforms designed as 'tax neutral'

By NEIL HARTNELL

Tribune Business Editor

THE Government's Business Licence Act reforms were intended to be "tax neutral", Tribune Business was told yesterday, as Bahamian Contractors Association (BCA) representatives left a meeting with a key government minister "comfortably satisfied" that their concerns over a 50 per cent increase in Business Licence fee had been heard.

Stephen Wrinkle, the B...

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News Article

November 04, 2010
New Business Licence Act to take effect January 1

Legislation to strengthen the
domestic business environment went under the microscope during a Town
Meeting on Tuesday hosted by Minister of State in the Ministry of Finance,
Zhivargo Laing. 

Scheduled to come into effect
on January 1, the new Business Licence Act was described as "a pivotal
component of the Government's comprehensive and integrated economic
growth strategy." 

"W...

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News Article
Business Licence reform prompts calls for 'relief'
October 21, 2010
Business Licence reform prompts calls for 'relief'

Bahamian businessmen have expressed concern and ire over the Government's decision to adjust the calculation of Business Licence fees through a method which "does not take account of the cost of producing revenue".

Several private sector figures, at a forum held by the Ministry of Finance on Wednesday evening, suggested that if the calculation of their business license fees were to shift from b...

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News Article

January 24, 2011
Medical facilities 'may have case' for Business Licence recovery

By ALISON LOWE
Business Reporter

alowe@tribunemedia.net

A Bahamian accountant yesterday suggested that private hospitals and medical clinics may have been incorrectly required to pay Business Licence fees, amounting to hundreds of thousands of dollars, for decades.

Theofanis Cochinamogulos, managing partner of Cochinamogulos and Co, a chartered accountancy and management consultancy firm, told ...

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