Search results for : payroll
Minister of State for Finance Breaks Down the Government’s Comprehensive COVID-19 Response
December 22, 2020
Minister of State for Finance Breaks Down the Government’s Comprehensive COVID-19 Response
Minister of State in the Ministry of Finance Sen. the Hon. J. Kwasi Thompson explained that the COVID-19 pandemic wiped out the savings of many Bahamians who had big dreams for their families and businesses that are now on hold...
December 17, 2020
Government to Continue Reducing the Economic Effects of COVID-19
Senator J. Kwasi Thompson, Minister of State for Finance explained that the Government will continue to reduce the economic effects of COVID-19, by providing initiatives targeted at public health and safety, job protection and social and economic support for households and businesses.
“The levels of direct support required by the government to save lives and support commercial and economic act...
July 15, 2020
Simplified Lending to restart consumer lending to employees of private companies, mixing cautious optimism with vigilance
One of the country’s fastest-growing financial services firms announced today it will re-start a consumer lending program to employees of private companies this week, a striking departure from the path the majority of larger banks have taken...
December 01, 2020
Bamboo Shack, Bethel Brothers Morticians donate tablets
Two of the best-established businesses in The Bahamas joined the growing list of those making virtual education a reality for more students today, donating tablets through the Leno Learning Link...
Digital Banking Driving Greater Efficiencies and Savings for Businesses During COVID-19 –Scotiabank
November 28, 2020
Digital Banking Driving Greater Efficiencies and Savings for Businesses During COVID-19 –Scotiabank
Director of Corporate and Commercial Banking at Scotiabank, Gregory Stuart, says local businesses could save up to 75% in banking fees should they embrace more digital banking capabilities...
November 18, 2020
Colour it Selfless – Junkanoo Group Turns Its Annual Donation from Leno Back to Students, Putting a Tablet in Young Members’ Hands
The leading financial planning, investment, trust and corporate services firm Leno has supported Colours Junkanoo group for six straight years...
Bahamas National Insurance Board raises taxes again
January 09, 2011
Bahamas National Insurance Board raises taxes again
EDITOR, The Tribune.
WALLETS are a little bit lighter this week as a result of increases in the NIB payroll tax of up to 25 peer cent.
There is no doubt many people receive financial help from the National Insurance Board that might otherwise be forced to do without, and that's fair enough if that's why the NIB was created.
But according to the NIB's web site:
"Its primary mission was and is t...
Government's 70m BORCO tax windfall
January 10, 2011
Government's 70m BORCO tax windfall
By NEIL HARTNELL
Tribune Business Editor
The Government will earn a $70 million bumper tax windfall from Buckeye Partners' $1.36 billion acquisition of a majority 80 per cent stake in the Bahamas Oil Refining Company (BORCO), Tribune Business can reveal, which, when combined with the $210 million proceeds from the impending Bahamas Telecommunications Company (BTC) sale could wipe out much of thi...
NIB raises taxes again
January 11, 2011
NIB raises taxes again
Dear Editor,
Wallets are a little bit lighter this week as a result of increases in the NIB payroll tax of up to 25%.
There is no doubt many people receive financial help from the National Insurance Board that they might otherwise be forced to do without, and that's fair enough if that's why the NIB was created.
But according to the NIB's web site:
"Its primary mission was and is to provide incom...
Fusion: We can't pay our staff
March 27, 2020
Fusion: We can't pay our staff
FUSION employees have been told the company is facing a payroll deficiency and will be unable to satisfy salaries for this pay period...
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