Search results for : VAT
Chamber chief backs VAT calls
December 21, 2010
Chamber chief backs VAT calls
By ALISON LOWE
Business Reporter
alowe@tribunemedia.net
The Bahamas Chamber of Commerce's president yesterday backed the International Monetary Fund's (IMF) view a Value Added Tax (VAT) would be a prudent move for the Government, saying this nation will either "die" economically without it or "hurt for a while but emerge with life".
In its latest report, the IMF suggested that the Government w...
PM HITS BACK ON BREADBASKET VAT - while Watson claims tax reintroduction does not hurt consumers
May 20, 2022
PM HITS BACK ON BREADBASKET VAT - while Watson claims tax reintroduction does not hurt consumers
PRIME Minister Philip "Brave" Davis told his predecessor yesterday to take his own advice, as he hit back over new criticisms levelled at his administration over its refusal to remove value added tax from breadbasket items.
May 19, 2022
'TAX THE RICH' - Minnis: Charge wealthy property buyers and scrap breadbasket VAT
FORMER Prime Minister Dr Hubert Minnis yesterday suggested that the government increase taxes on wealthy property buyers and eliminate value added tax on breadbasket items to alleviate the burden on struggling Bahamians.
Policy reversal needed on VAT on breadbasket items
May 04, 2022
Policy reversal needed on VAT on breadbasket items
Dear Editor, Value-added tax (VAT) on breadbasket items disproportionately affect the poorest and those least able to withstand economic shocks. Is it time to reconsider VAT on breadbasket items? In March 2021, as the Minnis-led Free National Movement (FNM) administration floundered, the Progressive Liberal Party (PLP) offered a bold tax plan. The PLP's plan was ...
The post Policy reversal needed...
Cartwright repeats calls for breadbasket VAT relief
May 03, 2022
Cartwright repeats calls for breadbasket VAT relief
FREE National Movement deputy leader Shanendon Cartwright continued his criticisms of the government yesterday over its position that value added tax will not be removed from breadbasket items, saying it was a betrayal to tens of thousands of Bahamians who need relief.
May 03, 2022
Keeping VAT on breadbasket items a 'betrayal', FNM deputy says
The government's decision not to remove value-added tax (VAT) off breadbasket items is "shortsighted and a betrayal" to thousands of struggling Bahamians, Free National Movement Deputy Leader Shanendon Cartwright argued yesterday.
April 29, 2022
'Not feasible' to remove VAT on breadbasket items
ECONOMIC Affairs Minister Michael Halkitis maintained on Friday that removing value added tax on breadbasket items is not feasible at this time, noting the tax regime was a necessary initiative meant to reduce government borrowing and improve the nation's overall "fiscal health."
'I struggled with breadbasket VAT decision'
April 29, 2022
'I struggled with breadbasket VAT decision'
ENGLERSTON MP Glenys Hanna Martin admitted yesterday that she struggled with the Davis administration's decision to return value added tax to breadbasket items, adding that she hoped all food items would be free of the tax one day.
April 28, 2022
Hanna-Martin, Cartwright clash over VAT on breadbasket items
An explosive row erupted in the House of Assembly this morning after Free National Movement (FNM) Deputy Leader Shanendon Cartwright and Englerston MP Glenys Hanna-Martin went head-to-head over the issue of value-added tax (VAT). The argument began after Cartwright told Parliament the Davis administration should reverse its decision to place VAT on breadbasket items. "The ...
The post Hanna-Martin...
'Take VAT off the breadbasket items'
April 21, 2022
'Take VAT off the breadbasket items'
FORMER State Finance Minister Kwasi Thompson has again called on the government to remove VAT on bread basket items, this time after an International Monetary Fund report projected consumer prices in The Bahamas would increase by 7.3 percent this year.
Search Options
Filter:
Sponsored Ads
