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Funeral homes: We're not Government fee 'enforcers'
FUNERAL directors yesterday expressed opposition to having to pay act as “enforcers” in collecting morgue fees, telling Tribune Business: “The Government should collect itself.”Several funeral directors, speaking with Tribune Business, said they had
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Radio spectrum fees $500k below target
Radio spectrum fees are generating almost $500,000 less than they should be, due to the existence of “legacy arrangements” with certain operators.
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NAD plans $28 private aviation passenger fee
Aviation operators yesterday described fees as “a dirty word” after Nassau’s main gateway unveiled plans to create equality between commercial and private plane passengers by levying a $28 charge on the latter.
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‘Don’t tax people out of business’
THE Government was yesterday again urged to take a serious look at the Bahamian aviation industry, one senior airline executive telling Tribune Business that continued fee increases could effectively tax local carriers out of business.
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‘Kick back’ likely over Out Island airport fees
The introduction of passenger user fees to finance Family Island airport redevelopment will cause travellers to “kick back” and initially soften travel demand, Bahamian aviation operators forecast yesterday.
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Airline's 18% fee cost rise in three years
Airline's 18% fee cost rise in three years By NEIL HARTNELL Tribune Business Editor A leading Bahamian-owned airline yesterday said its fee costs had increased by a cumulative 18 per cent over the past three years, saying the charges levied by various a
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URCA rejects industry’s spectrum fee proposals
Regulators have rejected calls by the Bahamas’ two leading communications providers that radio spectrum fees be based on administrative costs, finding that this would “not maximise” the potential benefits to society.
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Consumer Commission challenge to Central Bank on fee regulation
The Consumer Protection Commission (CPC) has contradicted the Central Bank over the regulation of commercial bank fees, arguing that it was “maybe time” that they be controlled.
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BPL can pass license fee on to consumers
The Utilities Regulation and Competition Authority (URCA) has rejected Bahamas Power & Light’s (BPL) argument that fuel costs not be included in the calculation of its annual license fee.
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US visa fees increasing
US visa fees will increase on May 30. According to the US Department of State, visitor visas for business or tourism purposes will increase from $160 to $185, as will other non-petition-based NIVs, such as student and exchange visitor visas.
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Central Bank: 'No power' on ATM fees
The Central Bank of the Bahamas governor yesterday said the regulator had “no power” to control what commercial banks charged their customers for individual transactions, although she acknowledged Bahamian concerns over the “lack of transparency” on teller machine fees.
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Bank fee moans? It’s your ‘own damn fault’
The Central Bank’s top inspector yesterday said he had little sympathy for those complaining about bank fees since it was their “own damn fault if they are too lazy to switch” to online banking.
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Central Bank urged to probe ATM fees
A well-known Bahamian Facebook group is asking the Central Bank of the Bahamas to examine the Automatic Teller Machine (ATM) fees levied locally when customers use the machines at another bank.
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‘COME CLEAN’ ON $90M PUBLIC SERVICE FEE HIKE: FNM asserts Gov’t trying to ‘sneak’ increase through
The Opposition yesterday urged the Davis administration to “come clean” over plans to raise an extra $90m from increasing user fees paid by the Bahamian people to access multiple public services.
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Airline chief raises rising fee concerns
A Bahamian airline chief executive yesterday urged the new administration to quickly meet with stakeholders and assess the whole aviation sector, warning that increased fees were making Family Island travel cost prohibitive and impeding their economic development.
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Regulator rejects bank fee controls despite 43% rises
The Central Bank will likely disappoint many Bahamian consumers through its refusal to counter rising bank fees with price controls, despite increases as high as 43 per cent on “a significant number of services”.
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COB warns students of VAT on tuition
WITH the implementation of value added tax only six weeks away, the College of The Bahamas is advising students of how the 7.5 per cent tariff will affect their bills in the next semester and beyond.
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BPL’s request for turnover-based licence fee agreed
THE Utilities Regulation and Competition Authority (URCA) acceded to Bahamas Power and Light’s (BPL) request that its annual fees to the regulator be based on turnover - with the exclusion of fuel charge - while dismissing the electricity provider’s request for the licence fee to take the place of the annual business licence fee.
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Gas stations argue Business Licence 'further strangles' us
The Bahamas Petroleum Retailers Association's vice-president says he backs the introduction of a corporate income tax to replace Business Licence fees that "further strangle us".
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DPM: Boat fee rises 'strike fair balance'
The deputy prime minister yesterday argued that the government had “struck a fair balance” on the increased boating and cruising permit fees revealed this week.K Peter Turnquest said the prior fee structure had not been altered for some time, leading
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