News
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.
I have no choice but to shop in St. Thomas - VIslander
ROAD TOWN, Tortola, VI- Noting that she sympathises with the notion that keeping the money circulating in the Territory is good for the economy, a mother of seven says even with the passing of the much debated Customs and Duties Bill in the House of Assembly (HOA) she has no choice but to continue doing her bulk shopping in St. Thomas.
Would it be prudent for Governor to sign new customs & duties bill?
ROAD TOWN, Tortola, VI - With Minister for Health and Social Development Hon. Ronnie Skelton announcing in the House of Assembly on February 14, 2012 that a team from the United Kingdom is expected to visit on budget matters, the question has been asked whether it would be prudent for Governor Boyd McCleary to sign the recently passed Customs and Duties Bill since the team may have some concerns on it.
Wheatley suggests sales tax as price reduction measure
ROAD TOWN, Tortola, VI - The criticisms by the opposition to the Customs and Duties Bill, which was passed in the House of Assembly on Tuesday February 14, 2012 have met with much criticism as well, but radio talk show host Natalio Wheatley believes the opposition were up to the challenge in the House and finds himself agreeing with their arguments.