With a second increase in the sales tax, the government wants to raise SRD 22 million per month. The sales tax should be replaced by the value added tax (VAT) by mid-2022. NDP parliamentarian […]
The current tax system will be completely adapted. The value added tax (VAT) is part of this. Another part of the innovation is the adjustment of the tax brackets. “We are going to create […]
NASSAU, BAHAMAS — A move towards a more equitable and redistributive tax system in The Bahamas is “overdue”, a recent United Nations analysis on this nation has found. The United Nations Common […]
NASSAU, BAHAMAS — Minister of State for Finance Kwasi Thompson yesterday blasted the Progressive Liberal Party’s (PLP) pledge to reduce value-added tax (VAT) from 12 to 10 percent for 12 months as […]
NASSAU, BAHAMAS — The Progressive Liberal Party (PLP) yesterday promised that if elected to govern, it would recommend the country’s minimum wage be increased to $250 per week and reduce value-added tax […]
NASSAU, BAHAMAS — Bud Light has introduced a unique label for consumers to identify its officially imported beer after finding that approximately 25 percent of Bud Light beers coming into the country […]
NASSAU, BAHAMAS — The government yesterday revealed that its total revenue from July to December declined by $430 million, 38.1 percent of the budget target, due to the imposition of more restrictive […]
It is important that the Ministry of Finance and Planning sets out a one-year trajectory by 2022 in which companies receive guidance, training and even more information about the introduction and operation […]
TO better assist persons who are socially and economically disadvantaged by the threat of the coronavirus (COVID-19) pandemic, the Guyana Revenue Authority (GRA) has implemented additional tax relief measures for Guyanese. With […]
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