THE government has collected some $2.5bn in value added tax revenue since 2015, according to Finance Minister Peter Turnquest who accused the former Christie administration of mismanaging the money.
Mr Turnquest, who is also deputy prime minister, was in Grand Bahama on Saturday to meet with residents at a town hall about his recent budget communication and plans to increase the VAT rate from 7.5 percent to 12 percent...
THE government has collected some $2.5bn in value added tax revenue since 2015, according to Finance Minister Peter Turnquest who accused the former Christie administration of mismanaging the money.
Mr Turnquest, who is also deputy prime minister, was in Grand Bahama on Saturday to meet with residents at a town hall about his recent budget communication and plans to increase the VAT rate from 7.5 percent to 12 percent...
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