News
JML DeliverIT pledges improved services & better rates
ROAD TOWN, Tortola, VI- At a time of the year when ordering of goods and shipping from overseas are at an all-time high, JML DeliverIT has sweet news to its customers.
Wade Smith: “Between $2.7 million to $3 million would be lost” by new Customs & Duties Bill!
ROAD TOWN, Tortola, VI - The much talked about Customs Management and Duties Amendment Act 2012, an initiative by the National Democratic Party (NDP) Government of Premier Dr. the Honourable D. Orlando Smith to bring relief to businesses so it can trickle down to customers, will cost the government to lose an estimated $2.7 million to $3 million annually, if and when the new proposed Bill is implemented.
Effective February 1: Import duties reduced!
ROAD TOWN, Tortola, VI – Effective today Wednesday February 1, 2012, persons importing goods into the Territory will see a reduction in their duty charges as they will only be required to pay duty on free on board costs as opposed to the previous practice of paying on cost, insurance and freight.
‘Tax after sales’ an option for stimulating economy?
ROAD TOWN, Tortola, VI – Ensuring fair competition and implementing ‘tax after sales’ could be two methods that would bring in the much needed funds to sustain the Territory’s economy, two talk show hosts recommended.
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