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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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Excursion provider says boating fee hikes ‘crazy’
A Bahamian excursion operator yesterday branded up to ten-fold increases in annual and first-time boat registration fees as “crazy” and warned it threatens to increase the number of unlicensed tour companies.
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Budget deals marinas 'another slap in face'
A former Association of Bahamas Marinas (ABM) president yesterday asserted that the Budget has dealt the industry "another slap in the face" through multiple fee increases for dockage and vessel registration.
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Boat owners: Let us know reduced fees
Fishermen yesterday urged the Government to promptly disclose the new “reduced” boat registration fees prior to their March 1 introduction and ensure all Bahamian-owned vessels are “protected’.
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Central Bank releases bank fees comparison
A COMPARISON of bank fees has been released by Central Bank - showing costs across financial institutions, principally for transactions related to deposit accounts and the maintenance of credit services.
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'Very confusing' boat fees needing urgent resolution
Bahamian maritime operators yesterday warned the Government "urgently needs to resolve" the fall-out from the "very confusing" suspension of 1,000 percent and greater hikes in boat registration fees.
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Boat registration fee rise ‘squeezes the small man’
LONG Island fishermen and tour operators are accusing the Government of seeking “to squeeze the small man out” over four- digit boating fee increases that have been suspended - at least for private vessels.
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Lobster season fears over boat registration fee reform
Bahamian fishermen were yesterday “eagerly awaiting” promised revisions to the over “ten-fold” increases in annual boat registration fees amid fears the reforms will not take effect before lobster season’s August 1 start.
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Fishermen ready to protest boat registration fee hikes
A senior fishermen yesterday asserted he has "no intention of paying" a more than eleven-fold increase in boat registration fees with the industry said to be ready to protest in Rawson Square over the hikes.
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Gov’t denies BPL $5 late fee plans
The Government yesterday said it has “no intention of allowing Bahamas Power & Light” to impose an extra $5 charge on late-paying consumers and further burden struggling households.
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‘Absolutely horrible’ boat registration hikes kick-in
Fishermen and tour operators yesterday hit out at the “absolutely horrible” ten-fold and greater increase in boat registration and renewal fees that Bahamian businesses must pay with the New Year’s arrival.
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Gov't eyes air freight terminal outsourcing
The Government is eyeing a proposal to outsource Lynden Pindling International Airport's (LPIA) freight terminal to private sector developers and operators, it has been revealed.
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Govt to increase annual boat registration fees while eliminating duty and VAT on new vessels
THE government is increasing annual boat registration fees while eliminating duty and value-added tax on vessel purchases.
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Abaco local government calls new boat registration fees ‘outrageous’
THE Hope Town District Council’s chief said some Abaco boat owners have “boycotted” the increase in boat registration fees, which he called outrageous.
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Act amendment mandates boat insurance
AMENDMENTS to the Boat Registration Act that passed the House of Assembly yesterday mandates that boat owners have a comprehensive insurance policy and outlines inspection requirements and registration fees.
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Despite no new taxes, several new and adjusted fees announced
ALTHOUGH no new taxes will be introduced in the upcoming fiscal year, the Davis administration tabled bills in the House of Assembly yesterday that would increase fees for some services.
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‘We’d have accepted 100-150%’: Government suspends boat fee hikes
Bahamian fishermen yesterday said they would “have no problem” paying 100-150 percent boat registration fee increases as they hailed the decision to suspend the “utterly devastating” four-digit hikes.
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Marina chief: Fee rise now 'makes way more sense'
A former Association of The Bahamas Marinas (ABM) president yesterday argued the Government could have allayed fears over major hikes in yacht and boat registration fees if its Budget messaging was better.
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Revenue surge to $274m via corporate tax switch
The Government could near-double pre-COVID business taxation revenues if it were to implement a 15 percent corporate income levy across-the-board on all entities bar those generating less than $500,000 in annual turnover.
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Industries mixed over up to 75% boating fee cuts
Fishing and tour excursion providers yesterday gave decidedly mixed reactions on the up to 75 percent cuts in boat registration fees tabled in the House of Assembly.
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