Search results for : accountants
October 07, 2015
SMS Chartered Accountants reappointed auditors for BFSB
SMS Chartered Accountants was reappointed the auditors of the Bahamas Financial Services Board at the 17th annual general meeting, held September 30 at the British Colonial Hilton Hotel.
July 16, 2015
Colina executive earns certified management accountant (CMA) designation
Leading life and health insurer Colina Insurance Limited is pleased to announce that Financial Controller Antoinette Moxey has earned the globally-recognized certified management accountant (CMA) designation from the Institute of Management Accountants (IMA).
April 23, 2015
The Bahamas Institute of Chartered Accountants Bill 2014
MR. SPEAKER,
I rise to make my contribution to this debate on the Bahamas Institute of Chartered Accountants 2014 Bill. I do so on behalf of the good people of the Seabreeze Constituency whom I have the privilege to represent...
The Bahamas Institute of Chartered Accountants (BICA) paid a courtesy call on the Minister of Financial Services
March 24, 2015
The Bahamas Institute of Chartered Accountants (BICA) paid a courtesy call on the Minister of Financial Services
The Bahamas Institute of Chartered Accountants (BICA) paid a courtesy call on the Minister of Financial Services, the Hon. Hope Strachan, March 23, at the Ministry...
November 12, 2014
Three Bahamians at EY qualify as Certified Public Accountants
EY has announced that three Bahamians in its Nassau office have passed their exams and qualified as certified public accountants (CPAs). The three are Donillo L. Culmer, Taneisha A. Dean and Karen A. Richardson.
"Qualifying as a CPA is a big step in the career of these outstanding professionals, and speaks to their deep knowledge of accounting principles and practices," said Michele Thompson, EY m...
VAT delay may be in order, accountant says
November 06, 2014
VAT delay may be in order, accountant says
The government might need to consider an extension of the value-added tax (VAT) registration deadline, according to an official from a leading local accounting firm.
Managing Director of KRYS Global Edmund Rahming Jr. told Guardian Business that he anticipates the government would have to "accommodate" some businesses that fail to register before the November 30th deadline.
Despite the looming dea...
Accountant: Increase bank tax to 10 percent
September 12, 2014
Accountant: Increase bank tax to 10 percent
A leading accountant has argued that commercial banks must pay more tax, urging the government to "look very seriously" at increasing the tax on repatriating profits out of the country to 10 percent.
Philip Galanis said that the increase in this tax in the last budget was "not enough" and Canadian banks in particular continue to make money "hand over fist" in The Bahamas.
In the 2013/2014 budget, ...
February 18, 2014
Coalition: Accountant's VAT defense 'a bit harsh' on businesses
The co-chair of the Coalition for Responsible Taxation has hit back at suggestions made by a leading accountant that any business that struggles under value-under tax (VAT) may simply need a better business model, calling the claim made by accountant John Bain "a bit harsh".Meanwhile, the coalition co-chair, Gowon Bowe, pointed out that while one of the advantages of VAT highlighted by Bain is tha...
Top accountant: Start preparing for VAT
December 13, 2013
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
December 04, 2013
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'...
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