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February 29, 2024
Inland Revenue Acting Controller: We have To Meet The Target, We Don't Have A Choice
NASSAU, BAHAMAS - As government cracks down on tax collections to bring down deficit numbers by the end of the fiscal year, the Department of Inland Revenue is making it clear they'll do what it takes to meet that target.
Three Venues Identified For National Sailing Academy
January 19, 2024
Three Venues Identified For National Sailing Academy
NASSAU, BAHAMAS - Three locations have been identified for construction of the National Sailing Academy, according to the Director of Sailing at The Bahamas National Sailing Academy Jimmy Lowe.
October 17, 2023
Financial Secretary: We've Seen A 90% Revenue Increase At The Airport
NASSAU, BAHAMAS - There has been a big jump in the collection of customs duties at the Lynden Pindling International Airport. Financial Secretary Simon Wilson, says it is thanks to the June implementation of the Customs Exempt App.
DPM: Seventy percent of revenue lost since March
April 17, 2020
DPM: Seventy percent of revenue lost since March
Deputy Prime Minister Peter Turnquest said yesterday that the government has lost at least 70 percent of its revenue during the period since emergency lockdown measures were implemented in an effort to stop the spread of COVID-19...
PUBLIC NOTICE: Department of Inland Revenue, Real Property Tax Discount Deadline Updated
March 31, 2020
PUBLIC NOTICE: Department of Inland Revenue, Real Property Tax Discount Deadline Updated
The deadline for application of the 10% discount on RPT paid in full has been extended from March 31 to April 15, 2020...
September 03, 2019
Department of Inland Revenue-List of Approved Charities/Non-Profits
The Department of Inland Revenue advises the public of the list of approved charities and non-profit organizations for VAT purposes which are eligible to receive VAT refunds on expenses with respect to hurricane relief efforts...
Cyber security has revenue implications
September 29, 2016
Cyber security has revenue implications
Chief Operating Officer (COO) of Safeonline Geoff Kinsella said the increased risk of cyber crimes can lead to major revenue losses for businesses, in particular those that are not insured, against cyber attacks.
December 17, 2015
Department of Inland Revenue reissuance of billings (Real property tax)
The Department of Inland Revenue advises taxpayers that due to a printing error, some property tax bills were directed to the wrong mailing addresses.
Department of Inland Revenue Launches New Website
November 09, 2015
Department of Inland Revenue Launches New Website
The Department of Inland Revenue (DIR) wishes to advise the public that it now has a new website.
Gov't revenues 84m behind projections
February 25, 2011
Gov't revenues 84m behind projections
The Government yesterday effectively admitted its economic forecasts had been too optimistic by announcing that recurrent revenues were $84.3 million behind projections for the 2010-2011 Budget year's first half, although its fiscal position will be rescued by one-off revenue inflows - some $120.6 million of which came in during January.
Unveiling his Mid-Year Budget statement in the House of A...
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