@ac

As usual your analysis is cloudy with political dust. If you go back to the archives you will see that the late Thompson sought to bring Cost-U-Less and other retailers to Barbados to drive down prices in the supermarkets etc. You may recall driving down the cost of living was a big platform issue in 2007-2008. How can Cost-U-Less drive down prices when it has to import the same crap from the markets which Pricesmart, Shopsmart, SuperCentre and all the other retailers presently import? What Cost-U-Less has done in a shrinking market is to force others out of business read JOBS. The fact that they got a truckload of concessions because of a willingness to contribute is salt for the economic wounds.

To end, do you know how many jobs Cost-U-Less has created? What jobs what? How much forex does it consume? To remind you Cost-U-Less was about pushing DOWN prices. To repeat, based on its current pricing model the prices are the same as everywhere else.

@ David | April 14, 2013 at 9:30 AM|

What makes the Cost-U-Less situation even more embarrassing is this DLP administration’s failure to use the opportunity to truly roll out its so-called alternative energy programmes and green economy policies. The insistence on the use of solar power technology and recycling of resources including water as part of the bargain for tax and other concessions would have made the project more appealing and viable in the longer-term.
As the economy- based on conspicuous consumption- bottoms out further with the pending rationing of forex this retail (import and sell) new obese and spoilt kid on the block would find the going very, very rough with idealistic cash-flow projections and expected profits not up to scratch.

Miller………..the dancing governor of the central bank’s mea culpa last week nearly caused a heart attack……………

Adrian

You are were not around here for long enough.

The old Bajans had a saying, “When yuh hand in de Lion mout, you have to ease it out”.

Continue to let the BLP jokers on this Blog advise you!!!!

Listening to the partisan contributions of BLP bloggers especially in the last week, one could only imagine how they would have behaved if they had gained control of the reins of government.

Do we have an update on the appeal by Courts to the non paying of 25 million dollars in VAT levied?

Are appeals by customers posted publicly (Gazetted)?

@David
“Many large hotels received millions from government in relief and then still went out of business a couple years ago.”
Therefore , is it fair or honest for the BHTA members or those in the private sector to give the impression that nothing was done by this government to assist them?

What is the recourse for the average taxpayer who cannot get back his tax refund? I checked the status on my refund often and all it says is “pending”. How long am I going to have to wait? We are really too placid in Barbados!

David wrote “The Hamilton machine…?”

I have no idea what you are referring to.

Prodigal……….hope you have time and is still around 20………….any event can pend into the next century.

Adrian

This is from todays Nation

“NIS: Don’t wait too late!
THU, APRIL 18, 2013 – 12:12 AM
The National Insurance Department (NIS) has urged companies finding it difficult to pay contributions to discuss their challenges with the agency at an early stage.
NIS director Ian Carrington said yesterday it had observed that some companies were waiting until their problems with contributions became dire before addressing them.
He was speaking to the DAILY NATION after emerging from a meeting at Government’s Warrens office complex with Bajan Cleaning Enterprises at which an insolvency proposal from the company – which has debts of about $10 million, including $5.66 million to the NIS – was rejected by creditors in attendance.
“More frequently now, we are finding that companies are waiting until things get too dire to seek to address them. We advise if you are having a financial challenge paying your NIS contributions, come and sit down and discuss it with us because the NIS has absolutely no interest in putting people out of business or putting people out of work, because that is counterproductive.”

I am sure the Government the VAT folks to have absolutely no interest in putting people out of business or putting people out of work, because that is counterproductive.

As the Government seems to be having financial challenges and finding it difficult to pay VAT owing to you, you may want go in to sit down with the Comptroller, at the Value Added Tax Division, Third Floor, Weymouth Corporate Centre, Roebuck Street, St. Michael. to discuss their challenges at an early stage.

Or you may want to go the VAT Division’s Facebook page and chat with them there.

http://www.facebook.com/pages/VAT-Division-Customs-Excise-Dept-Barbados/156646557736966

According to the site. six people give the page a thumbs up – like it.

LOL

Not Taken,

Must be doing something wrong. I cannot get onto their FaceBook page.

David
What is worse than that is some years ago we had a british hotelier who ran up an enormous NIS bill fled the Island was taken into custody in Britain but released never to be heard of again. The NIS had ample time to endure that there was some threshold over which companies should not go. Furthermore some thing is wrong with their monitoring program if they have one.

@lemuel and Adrian

Matthieson from Kings Beach hotel at the time.

Adrian

How on earth did NIS allow debt to build up to $5.66 million?

Guess you could say NIS “got taken to the cleaners”