Ministry of Finance Clarifies Impact of VAT on Charities

Authored by: Ministry of Finance Source: Ministry of Finance Date: August 21, 2014 Representatives of the VAT team of the Ministry of Finance emphasized that Services provided by local charities and non-governmental organizations (NGOs) that directly relate to charitable activities will be VAT exempt and the VAT programme provides for recouping of some taxes paid…

More than 100 Turn Out for VAT Presentation in Grand Bahama

Authored by: Ministry of Finance Source: Ministry of Finance Date: February 3, 2014 Value-Added Tax VAT) is not an end in itself, but an important part of a broader platform that includes governmental cost-cutting measures to put The Bahamas’ financial house in order, a leading financial expert told more than 100 people who turned out…

Financial Secretary John Rolle Addresses Kiwanians on VAT

Authored by: Ministry of Finance Source: Ministry of Finance Date: January 14, 2014 Past President Antonio Knowles welcomes Financial Secretary John Rolle to the Kiwanis Club of Nassau A.M. meeting which actually meets in the evening as it did Monday to learn more about pending tax reform including Value Added Tax. The Ministry of Finance…