VAT: Businesses told Minimise fines with quick registration
By NATARIO McKENZIE
25% electronic payments for gov’t ‘ineffective’
The Government’s bank reconciliations are “ineffective” because just 25 per cent of Public Treasury payments are made electronically, creating major difficulties in making public funds available.
Gov’t ‘well past expiry’ over VAT Comptroller naming
The Government is “well past the expiry date” for naming its Value-Added Tax (VAT) Comptroller, amid warnings that both the post and office holder are “super critical” to eliminating all remaining uncertainties surrounding the new tax.
Breezes attorney: Baha Mar’s approach ‘simply unheard of’
An attorney for SuperClubs Breezes says he has “never experienced a more blatant trespass” in three decades of conveyancing practice than that allegedly seen in the hotel’s ‘land swap’ battle with Baha Mar.
Over 4,400 VAT applications in as deadline looms
The Government last night said it had received 4,417 Value-Added Tax (VAT) registration applications with just hours to go before deadline, amid private sector predictions that between 70-75 per cent of mandatory registrants would be in compliance.
'Extraordinary push' for Freeport taxes decision by March 31
The Grand Bahama Chamber of Commerce will make “extraordinary efforts” to ensure the Government announces a decision on Freeport’s expiring investment incentives by end-March 2015, its president warning the continued uncertainty was an investor “turn off”.
Bahamian retailers push 'Black friday'
Nassau-based companies launching ‘Black Friday’ sales said the promotion helped to boost business, and expressed hope more consumers would embrace the idea and spend locally during the period.
FNM deputy: Bank of Bahamas chief can't 'buck pass'
By NEIL HARTNELL
Cable lists pref shares on BISX
Cable Bahamas has listed $114.5 million worth of preference shares on the Bahamas International Securities Exchange (BISX).
Cable invests $400k in satellite antenna
Cable Bahamas has invested more than $400,000 in a new satellite antenna that enables the company to reduce costs and enhance its REVTV signal quality on all digital and HD signals.
Agent join mentor's firm
Mario Carey still remembers the first time he met Prince Lewis. He was a curly-headed child, not quite six years old, holding a book nearly as big as he was.
The need to regulate private security firms
The Bahamas has in recent years seen an explosion of growth in the private security sector. This growth is largely due to the increasing crime rates, expansion of various industries that require basic security controls to operate, and the increase in personal wealth for many Bahamian business persons
Galanis slams ‘ludicrous’ $4.6m loan default claim
A former PLP MP and Senator last night slammed a US financier’s bid to obtain a $4.605 million default judgment against him as “ludicrous”, and promised a “serious court battle” over the issue.
$6.3bn GB development must prove 'viability'
The Government wants the principals behind the proposed $6.3 billion development for east Grand Bahama to prove its “viability” by conducting a feasibility study, Tribune Business was told yesterday.
Tourism fears for visitor experience on airport queues
The Bahamas Hotel and Tourism Association (BHTA) yesterday warned that first impressions were “critical” to the visitor experience in this country, a day after its major gateway was affected by Immigration processing delays.
