‘Tripartite Group’ to assess Business Licence
The Government has agreed to the formation of a ‘Tripartite Working Group’ that will assess the Business Licence fee and its rate structure, an initiative the private sector hopes will eventually cover “all tax matters”.
Abaco Club pledges no project dredging
The Abaco Club’s principal, and environmental advisers, have pledged to the Government that its proposed marina/docking facility in Little Harbour will require no dredging.
Bran: Bahamas must ‘open up for business’
The Democratic National Alliance’s (DNA) leader yesterday urged the Government to “open the Bahamas for business”, warning it would be unable to “tax its way out of debt”.
Gov’t urged: ‘Think through implications’ of compliance plans
The Chamber’s chairman yesterday questioned whether the Government had “thought through the practical implications” of how its enhanced tax compliance measures would work.
Opposition: Budget numbers ‘don’t jive’
The Opposition’s finance spokesman yesterday said something was “definitely amiss” in the Government’s fisca; deficit projections, telling Tribune Business: “The numbers don’t jive with what they are saying.”
Fishermen seek regulation for entire industry
Bahamian fishermen hope the Government will “sooner rather than later” move to regulate the entire fisheries sector and not cherry pick certain segments, a leading executive yesterday calling for it to address mandatory licensing.
Stellar chief makes $2m injunction bid
Stellar Waste’s principal is seeking a Supreme Court Order to prevent David Kosoy’s Sterling Asset Management from selling a West Bay Street real estate project, as he bids to recover his alleged $2.019 million investment.
Tax Certificate waiver branded ‘total rubbish’
The Government’s ability to award contracts to persons and businesses who cannot prove their tax compliance was yesterday slammed as “absolute rubbish” by governance reform campaigners.
DNA chief’s firm hit by six-month permit wait, arrest
The Democratic National Alliance’s (DNA) leader yesterday said the detention of a pharmacist working for his family business, amid a six-month wait for a work permit renewal, highlighted the bureaucratic obstacles facing Bahamian companies.
Gov’t ‘trying to do away’ with limited liability
The Opposition’s finance spokesman yesterday questioned whether the Government was “trying to do away” with the limited liability protection afforded to most Bahamian companies through its 2016-2017 Budget changes.
‘Horse already bolted’ on Abaco Club project
A late June Town Meeting over the Abaco Club’s proposed marina project was yesterday described as too little, too late by its opponents, who said: “The horse has already bolted.”
LED us realise energy savings
As I work with clients to help them save money in their homes, churches and businesses, I often get asked about lighting.
Minister calls for NHI compromise
A Cabinet Minister has urged all sides in the National Health Insurance (NHI) discussion to “listen and compromise”, calling for the gap between them to be bridged.
Health insurance to ‘evolve’ with reform
The private health insurance market will evolve with the expansion of universal health care (UHC), the Bahamas Insurance Association’s (BIA) chairman said yesterday.
Bahamas First chief urges reforms push
Bahamas First’s top executive yesterday said the insurance industry must lobby the Government to create a legislative framework that will modernise many sector practices.
