National
Inland Revenue Clamping Down
NASSAU, BAHAMAS – The Department of Inland Revenue introducing some changes as it relates to the Business License Act.
NASSAU, BAHAMAS – The Department of Inland Revenue introducing some changes as it relates to the Business License Act. The government’s target for this year, some $124 million in business license fees. According to Acting Controller, Shonda Strachan, there are three key changes the business community should know. The first being the change to the business year.
Strachan noting that just under 50,000 businesses registered with the department last year. But only 9,000 of those businesses registered for VAT. Something the department is a bit skeptical about.
The second change, export turnover is back in.
And finally, financial institutes are now back in as well, meaning they will have to apply for a business license and pay the fees.
Disney Cruise Line: “We’re Creating Magic On Land”
Division Commander: “Bahamians Have Always Been Faithful In Helping The Salvation Army”
New Commercial Court To Open By Summer 2025
“We’re In The Chair. We Must Fix It, Bottom Line”
It’s Beginning To Look A Lot Like Christmas At The GB Children’s Home
Colours: “Not A-Class or B-Class, We’re World-Class”
New Rides And A New Treat For Your Christmas Memories
$30K Bail for Man Accused of March 11 Murder
Man Accused of 2024’s Second Murder Granted Bail
JWB And Vacation Cafe Ramp Up for New Year’s Eve
Former North Abaco MP Disappointed In Area Development
Chief Supt.: “We Have a System That Is Ineffective and It Favors The Criminals”
Disney Cruise Line: “We’re Creating Magic On Land”
Division Commander: “Bahamians Have Always Been Faithful In Helping The Salvation Army”
New Commercial Court To Open By Summer 2025
“We’re In The Chair. We Must Fix It, Bottom Line”
It’s Beginning To Look A Lot Like Christmas At The GB Children’s Home
Colours: “Not A-Class or B-Class, We’re World-Class”
-
National2 days agoNew Rides And A New Treat For Your Christmas Memories
-
Court3 days ago$30K Bail for Man Accused of March 11 Murder
-
Court3 days agoMan Accused of 2024’s Second Murder Granted Bail
-
Lifestyle3 days agoJWB And Vacation Cafe Ramp Up for New Year’s Eve
-
National2 days agoFormer North Abaco MP Disappointed In Area Development
-
Crime2 days agoChief Supt.: “We Have a System That Is Ineffective and It Favors The Criminals”
-
National18 hours agoColours: “Not A-Class or B-Class, We’re World-Class”
-
National3 days agoSir Michael Barnett: Serving On The Bench Is An Awesome Responsibility