Tag Archives: taxes

Time to REMOVE the VAT

Submitted by Wayne Cadogan Now that the dust has settled regarding the National Social Responsibility Levy (NSRL) I would like to add my two cents to the debate. All countries have always had to depend on taxes to run their country and clearly, the Value Added Tax (VAT) did not accomplish what it was intended to do. The main reason

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“No equity about a tax”

BU followed some of the debate to the Barbados Revenue Authority (Amendment) Act 2017 this week and wondered why the government waited so long to implement measures to make tax collection more efficient. If we are to enjoy services financed by from the public purse taxpayers must pay their taxes. Who likes to pay taxes anyway. Of concern to BU

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Vat Recall

Submitted by Phoenix Barbados was introduced to an increase in Value Added Tax on 1st December 2010  by Minister of Finance Chris Sinckler. According to the economic review of the first six months of 2012 released by the Central Bank of Barbados in July 2012, provisional estimates for the 2011-2012 fiscal year are that VAT brought in BDS$949.6 million dollars

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The Method of Taxation, An Illegal Undertaking By Government

Submitted by The People’s Democratic Congress (PDC) Having in the last PDC submission illuminated, to some extent, the close relationships between the Taxation policy of the government, and the financial policy of both the government and the financial private sector in Barbados, we now take this opportunity to use this column, this time around, to effect the five following goals.

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Owing Taxes

Submitted by People’s Democratic Congress The notion that “more than $200 million is said to be OWED to Government in VAT and Income Tax by several major enterprises, professional, and business people” (Weekend Nation, Friday, February 11, 2008), is absolute rubbish. The principal reason why we in the PDC make this criticism is because the government has long been STEALING

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Beginning A No -Taxation Campaign

Submitted by People’s Democratic Congress (PDC)   Thursday, 25 November, 2010, marked the beginning of the  People’s Democratic Congress’s No-Taxation Campaign in Barbados. This No-Taxation Campaign has been commenced to coincide with the intense anger and frustration by thousands of Barbadians at the draconian increases in TAXATION by DLP Minister of Finance, Mr. Chris Sinckler, in the 2010 Budgetary Proposals,

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Dismantling The Barbados Tax Model

Submitted by the People’s Democratic Congress (PDC) This week’s PDC contribution deals with another set of reasons why there must be large-scale lawful political opposition and street protests in Barbados in the foreseeable future by the relevant masses and middle classes of people, and by the relevant businesses and other entities and their respective supporters,  against the government’s continued wholesale

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BDS$93.73 In Taxes

Submitted by Adrian Loveridge Book a month in advance and the taxes on a ONE-WAY ticket with LIAT to St. Lucia from Barbados amount to BDS$93.73 alone, and that doesn’t include the US$16.75 fuel and insurance surcharge. Why is it that the Government is calling on the private sector tourism industry to protect employment and safeguard jobs and yet they

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