Introduction of Online System

Authored by: Ministry of Finance Source: Department of Inland Revenue Date: March 18, 2015 FOR IMMEDIATE RELEASE Department of Inland Revenue Introduces Online System March 18th , 2015 (Nassau, Bahamas) –The Department of Inland Revenue would like to advise the public of the introduction of its new online portal for Business Licence that is coming…

All Small Businesses Placed on Simplified VAT Returns Scheme

Authored by: Ministry of Finance Source: Value Added Tax Department Date: March 16, 2015 NEWS AND PRESS RELEASE All Small Businesses Placed on Simplified VAT Returns Scheme Many can also request to use the Flat Rate Scheme March 15, 2015 (Nassau, Bahamas) – The VAT Comptroller has now approved all small businesses with $1 million…

Nearly 95% of large businesses filed close to the deadline

Authored by: Ministry of Finance Source: Value Added Tax Department Date: March 13, 2015 FOR IMMEDIATE RELEASE Ministry of Finance Pleased with Results of First VAT Filing Deadline Nearly 95% of large businesses filed close to the deadline March 9, 2015 (Nassau, Bahamas) – The first monthly filing deadline for large businesses was on March 2nd,…