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Govt aiming to 'stop bread basket poison'
A CABINET minister yesterday pledged to “stop poisoning our people” by totally changing the Government’s ‘breadbasket’ food line-up in time for the 2018-2019 Budget year.Dr Duane Sands, minister of health, told Tribune Business that the Minnis admini
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‘Expect to pay 7% more on breadbasket items’
Super Value’s top executive said consumers should expect up to a seven percent increase in breadbasket items in the oncoming months.
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Concern over margins on new breadbasket items
Supervalue’s owner says retailers will have to ‘wait and see’ what margins are allowed on the items to be added to the breadbasket list, noting if the low grocery margins are used for such perishable items it could force smaller retailers out of business.
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‘Breadbasket’ food reforms to coincide with new budget
The long-awaited changes to the government’s “breadbasket” food line-up will likely “coincide” with the upcoming 2019-2020 budget, the minister of health has confirmed.
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New healthy items set for breadbasket list
NEW healthy items will soon be added to the country’s breadbasket item list, Minister of Health Dr Duane Sands said yesterday.
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Breadbasket food revisions targeted for January 2019
A Cabinet minister yesterday said the promised revision to the country’s 45 year-old breadbasket goods line-up will likely occur in January 2019.Dr Duane Sands, pictured, minister of health, told Tribune Business that a public consultation tour over
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Breadbasket food changes 'delayed but not derailed'
The Minister of Health yesterday admitted said the promised revision to the country’s 45 year-old breadbasket foods line-up has been “delayed but not derailed”.Dr Duane Sands told Tribune Business the revisions will not be in place in when the breadb
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PM HITS BACK ON BREADBASKET VAT – while Watson claims tax reintroduction does not hurt consumers
PRIME Minister Philip “Brave” Davis told his predecessor yesterday to take his own advice, as he hit back over new criticisms levelled at his administration over its refusal to remove value added tax from breadbasket items.
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Super Value chief eyes 2/3 VAT collection slash
Super Value’s owner yesterday predicted that the supermarket chain’s VAT take will be slashed by two-thirds once the “breadbasket” food exemptions take effect on August 1.Rupert Roberts, pictured, told Tribune Business that the government will have t
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PLP food tax attack on poor
The PLP fooled the Bahamian people on the campaign trail. They said they would lower VAT. That sounded good. No one likes paying taxes. Everyone wants taxes lowered.
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Prices overhaul in diet offensive
IN a bid to strengthen the fight against non-communicable diseases, Health Minister Dr Duane Sands revealed last night the adjustments that will likely be made to the price-controlled breadbasket list in the next fiscal year.
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Cartwright repeats calls for breadbasket VAT relief
FREE National Movement deputy leader Shanendon Cartwright continued his criticisms of the government yesterday over its position that value added tax will not be removed from breadbasket items, saying it was a betrayal to tens of thousands of Bahamians who need relief.
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Pintard: Govt needs to speak with one voice on VAT
FNM leader Michael Pintard says the government needs to clarify its position at the cabinet level on reducing Value Added Tax (VAT) on breadbasket items.
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Govt ‘not callous’ over price rises
ECONOMIC Affairs Minister Michael Halkitis insisted yesterday that the government was not “callous”, despite its decision to approve price increases of certain breadbasket brands.
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Super Value principal backs VAT’s breadbasket removal
Super Value’s principal yesterday backed calls to remove VAT from breadbasket foods as a means to ease the burden soaring inflation has imposed on hard-pressed consumers still struggling to recover from COVID-19’s fall-out.
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‘Tremendous ignorance’ on VAT breadbasket row
The Coalition for Responsible Taxation’s (CRT) head has slammed “the tremendous amount of ignorance” shown by Bahamian politicians from all sides in the continued debate about eliminating VAT on so-called ‘breadbasket’ items.
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Budget to force price rise for healthy foods
Food stores will likely hike their non-breadbasket food prices due to the impact the new VAT exemptions will have on consumer behaviour, the Chamber of Commerce’s chairman is warning.Michael Maura told Tribune Business that the Budget effectively “in
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Sands ‘open to’ higher breadbasket margins
A Cabinet minister yesterday hinted the Government may permit higher margins than allowed by traditional price controls on its new “breadbasket” foods line-up due to the rise in perishables.
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Breadbasket items list to include healthier goods
HEALTH Minister Dr Duane Sands has promised more healthy changes are on the horizon for the breadbasket list - after wide public consultation.Dr Sands underscored the Minnis administration’s commitment to fully vetting proposed changes, adding they w
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'Over 80%' of food products VAT-free
The Government yesterday urged consumers to be “patient” as they familiarise themselves with the VAT-free breadbasket, with the industry suggesting “80 percent” of products fall into this category.The Ministry of Finance, in a statement yesterday, sa
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