Search results for : Accountants
Top accountant: Start preparing for VAT
Top accountant: Start preparing for VAT
A top accountant is calling on local businesses to begin modifying their operations after thoroughly reviewing the value-added tax (VAT) draft legislation and regulations.
Pedro Delaney, a chartered accountant and chief financial officer at Societe Generale Private Banking (Bahamas) Ltd. and SG Hambros Bank and Trust (Bahamas) Ltd., said that businesses have to closely examine how VAT will impact ...
Top accountant: VAT 'not appropriate' for web shops
Top accountant: VAT 'not appropriate' for web shops
With the debate intensifying on the introduction of value-added tax (VAT), Raymond Winder, managing partner at Deloitte and Touche, doesn't believe that form of taxation is "appropriate" for web shops.
"You have to remember that VAT ultimately goes to the consumer, so if you tax the web shops VAT, what they would do is pass it on to the players. That's not what you want," he said yesterday.
"You'...
Accountant urges lottery over VAT
Accountant urges lottery over VAT
Chartered accountant Michael Hepburn yesterday urged the government to create a national lottery instead of its proposed value-added tax (VAT) system.
In a presentation made during a Rotary Club luncheon, Hepburn, of Michael Hepburn & Co., said his research has found that a lottery system could earn the government $231 million in its first five years, with $35 million provided in the first year.
H...
An excellent Accountants' Week
An excellent Accountants' Week
As an institute, we are committed to ensuring that we provide the focused, relevant educational opportunities, as well as guidance and thoughtful leadership to government, industry stakeholders and affiliates in this time of change.
- BICA President Jasmine Y. Davis
In November of each year, the Bahamas Institute of Chartered Accountants (BICA) observes "Accountants' Week", during which members o...
Tax accountant: Watch out for VAT 'transition' costs
Tax accountant: Watch out for VAT 'transition' costs
A senior tax accountant has argued that "a lot of issues" often arise in the "transitional" value added tax (VAT) implementation period, when companies may have goods that they have purchased prior to the implementation of VAT in their inventory.
Wayne Lovell, KPMG Barbados partner and tax practice specialist, told attendees at a VAT luncheon organized by the Bahamas Chamber of Commerce and Employ...
BICA chief: Shortage of accountants
BICA chief: Shortage of accountants
Bahamas Institute of Chartered Accountants (BICA) President Jasmine Davis said the need for more accountants has increased as the country begins to experience economic growth again...
Join Our Team: MERP Staff Accountant (4 Month Term)
Join Our Team: MERP Staff Accountant (4 Month Term)
Freeport, Grand Bahama Island -
MERP is a medical school preparatory program operated
by DeVry Medical International, Inc., a subsidiary of DeVry Inc., one
of the world's largest providers of education services. Admission
to MERP is limited exclusively to applicants of Ross University School
of Medicine (RUSM) or American University of the Caribbean School of
Medicine (AUC).
We invite quali...
Join Our Team: MERP Staff Accountant (4 Month Term)
Join Our Team: MERP Staff Accountant (4 Month Term)
Freeport, Grand Bahama Island -
MERP is a medical school preparatory program operated
by DeVry Medical International, Inc., a subsidiary of DeVry Inc., one
of the world's largest providers of education services. Admission
to MERP is limited exclusively to applicants of Ross University School
of Medicine (RUSM) or American University of the Caribbean School of
Medicine (AUC).
We invite quali...
Accountants Weigh in on Work Permits
Accountants Weigh in on Work Permits
Major accounting firms are weighing in on the work permit debate, arguing that the sector requires foreign integration to be successful. Gowon Bowe, a partner at PricewaterhouseCoopers (PwC), said The Bahamas has never truly implemented a strategic plan when it comes to work permits.
Join Our Team: MERP Administrative Services Rep and Staff Accountant
Freeport, Grand Bahama, Bahamas - We invite qualified persons to apply for the positions of
Administrative Services Representative and Staff Accountant.
MERP is a medical
school preparatory program operated by DeVry Medical International,
Inc., a subsidiary of DeVry Inc., one of the world's largest providers
of education services. Admission to MERP is limited exclusively to
applicants of Ros...