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Exemptions are a cruel gimmick
By its nature, a Value Added Tax affects the whole domestic eco-system of an economy. It applies to everything. That is how it is intended and that is its strength. As such, the application of “exemptions” is meaningless, because everywhere the recipient of the exemption turns, he still has to pay VAT in order to use the money he has “saved” via the exemption.
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Independence of the press?
I thought the press was supposed to be fair and impartial. If so, the behaviour of one media group in particular in the lead up to this election is positively shameful.
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Culmer blasts ‘Gussie Mae’ Cabinet
FREE National Movement chairman Carl Culmer criticised the Davis administration’s “Gussie Mae” Cabinet, which he says contradicts the Progressive Liberal Party’s promises of fiscal prudence.
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FULL SEVERANCE PAY IS ‘DOUBLE EDGED SWORD’
A Cabinet minister yesterday argued it was a “double-edged sword” for companies to give furloughed workers full severance packages, as he urged persons to remain committed to their employers.
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Pastors rent to numbers house boys
Some weeks back I saw a missive penned by a group of pastors that expressed disapproval of the appointment of a web shop gaming mogul by the Free National Movement government to a diplomatic post.
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'ShopLocal' efforts beat expectations
Retailers who participated in the initiative to encourage Bahamians to shop at home over Christmas say the returns exceeded expectations, ShopLocal's director told Tribune Business.
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Bahamians urged: 'Avoid the mad Christmas dash'
Bahamians were yesterday urged to “avoid the mad dash and start shopping early" as more merchants join an initiative to drive increased Christmas purchases locally.
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Web shops: Patron winnings tax halted
The long-awaited tax on web shop patrons’ winnings has been further delayed by another legal challenge from the domestic gaming industry, it was revealed yesterday.
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‘Nothing meaningful’: Niche ISP bashes Cable, BTC offers
The Bahamas Telecommunications Company (BTC) and Cable Bahamas have been accused of doing “nothing substantial or meaningful” to lower charges levied on niche providers for using their networks.
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Stay alive
If you live long enough, you will have a story to tell.
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Mitchell: Winnings tax part of assault on web shops
PROGRESSIVE Liberal Party Chairman Fred Mitchell said the impending imposition of a winnings tax on web shop patrons will lead to reduced player participation and layoffs in a sector that employs more than 3,000 workers.
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Bahamians urged to support investors as $3m plaza opens
A Cabinet minister yesterday urged Bahamians to shop at home and help rebuild the economy post-COVID-19 as he opened a $3m Grand Bahama shopping plaza.
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Web shops urge patron tax delay
Web shops are urging the Government to reconsider the New Year's Day introduction of the long-awaited patron winnings tax due to the "additional burden" it will impose on COVID-hit consumers.
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Issues and ideas
The Gaming Industry and our economic recovery. This is my second article in a series of articles that I am writing with ideas that in my opinion would boost the Bahamian economy.
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Super Value cuts Sunday hours on 25% sales drop
Super Value has slashed Sunday shopping hours after sales “dropped off 25 percent”, its principal revealed yesterday, adding: “They aren’t coming to show off their church hats any more.”
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Gambler winnings tax pushed to January 16
Implementation of the tax on web shop patrons' winnings has been pushed back two weeks to January 16 to allow the Government to provide all those impacted with sufficient notice.
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Dismal start to the year for Port Lucaya Marketplace
The Straw Markets are closed and there are no visitors buying authentic souvenir straw crafts or browsing the stores and eating in the restaurants at Port Lucaya Marketplace - making it a dismal start to 2021.
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Super Value chief: 'Our prayers have been answered'
Super Value's president yesterday hailed the supermarket industry's reclamation of its full hours and Sunday shopping, saying: "Our prayers have been answered."
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Back to school with little sales bump
Retailers are holding their breath for a bump in sales stemming from whatever form schools reopen next month.
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Flowers defeats web shop chief’s $1m dismissal claim
Craig Flowers’ FML web shop chain has defeated a $1m constructive dismissal claim by a former senior executive who was found to have “abandoned” his post following a probe into “irregularities”.
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