Search results for : VAT
Yacht Brokers Association says VAT on yacht charters is driving business to other destinations
December 08, 2023
Yacht Brokers Association says VAT on yacht charters is driving business to other destinations
NASSAU, BAHAMAS — The Bahamas Yacht Brokers Association (BYBA) is urging the government to address the impact of its Value Added Tax (VAT) policy on the yacht charter industry, arguing that based on its research, the tax on yacht charters is driving away a large percentage of international yacht business to other more affordable destinations. [...]
Surinamese Teachers Protest Over VAT
November 10, 2023
Surinamese Teachers Protest Over VAT
SURINAME - The federation of Organization of Teachers in Suriname is urging members to stay away from their classes over the next two days in protest of government's unwillingness to reconsider the value-added tax, particularly for fuel and utilities.
November 06, 2023
Opposition urges government to remove VAT from essential healthy foods
NASSAU, BAHAMAS- The Opposition is urging the government to take definitive action to combat high food prices and the inflation crisis by removing the Value-Added tax (VAT) from essential healthy foods. Shadow Finance Minister Kwasi Thompson in a statement noted that the Central Bank's latest report has confirmed that the country is still in an [...]
Anglican Bishop: VAT Is An Unfair Tax
October 18, 2023
Anglican Bishop: VAT Is An Unfair Tax
NASSAU, BAHAMAS - Value added tax is an unfair tax, That's according to Anglican Bishop of The Bahamas and Turks and Caicos Islands, Rev Laish Boyd, who shared that while VAT is a burden for everyone, those less fortunate feel it the most.
Davis defends PLP plan to reduce VAT to 10 percent
March 10, 2021
Davis defends PLP plan to reduce VAT to 10 percent
PROGRESSIVE Liberal Party Leader Philip "Brave" Davis said yesterday State Minister for Finance Kwasi Thompson "does not appear to understand the economics" surrounding consumption taxes as he defended the PLP's plan to reduce value added tax to ten percent for one year if the party wins the next general election.
Parents Flock To Stores For VAT Holiday Shopping
August 19, 2023
Parents Flock To Stores For VAT Holiday Shopping
NASSAU, BAHAMAS - The rain didn't put a damper on back-to-school shopping. Many parents headed out today to catch major deals as the VAT holiday kicked off.
Back-to-school VAT holiday arrives too late to help
August 15, 2023
Back-to-school VAT holiday arrives too late to help
BAHAMAS Union of Teachers president Belinda Wilson said the government's Back-to-School VAT holiday arrives too late in the year to have maximum benefit.
"There's A Lot of Room To Increase Vat Collection"
August 12, 2023
"There's A Lot of Room To Increase Vat Collection"
NASSAU, BAHAMAS - While VAT collections have held steady, the Department of Inland Revenue is concerned with the level of arrears and non-filings being reported.
August 11, 2023
Back-to-school VAT holiday gets mixed reviews from parents
FOR Roshni Braynen, pay cheques are issued too far apart and caring for a child is challenging and expensive.
Govt providing VAT holiday on school items
August 02, 2023
Govt providing VAT holiday on school items
THE Back to School VAT Holiday will be accessible from August 19 to September 10 this year, according to the Department of Inland Revenue.
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