Hotel News

Oxford Economics: Payroll Tax Best For Tourism

Print

A study from the Coalition for Responsible Taxation has provided evidence that a payroll tax at six percent would be significantly more beneficial for the country’s number one industry – tourism – than value-added tax, involving less of an “inflationary shock” in the short term, while ultimately achieving a similar level of debt reduction in the long term.

Read more...
 

Bahamas Appoints New Director General of Tourism

Print

Joy Ann JibriluThe Minister of Tourism Obie Wilchombe confirms the appointment of Joy Ann Jibrilu as the new Director General of Tourism, replacing thirty year Tourism veteran, David Johnson who will become the new Chief Executive Officer of the Hotel Corporation of The Bahamas and lead that organization’s transition to the Tourism Development Corporation.

Last Updated on Thursday, 29 May 2014 13:29 Read more...
 

VAT Delay Presents Readiness Opportunity

Print

Business readiness is the key to minimizing the expense and challenges of converting to a Value Added Tax scheme, particularly for small and medium-sized businesses according to Bahamas Hotel and Tourism Association President Stuart Bowe.

“BHTA welcomes the delay in implementing a Value Added Tax which will allows adequate time for the public and private sectors to do the planning, training, and operational conversions necessary for the transition” states Bowe.

Last Updated on Thursday, 15 May 2014 08:42 Read more...
 

New Executive Director Of Tourism Promotion Board Committed To Growing Arrivals

Print

The new executive director of the Bahama Out Islands Promotion Board (BOIPB) has committed herself to the challenge of increasing tourism and travel to the Family Islands by both Bahamian and international travelers.

Read more...
 

New Zealand Experience Shows Tourism Sector Need Not Fear VAT

Print

Despite fears that tourists would abandon New Zealand and flock to Australia after value-added tax (VAT) was implemented in New Zealand, it did not happen, and VAT specialists from New Zealand have argued The Bahamas need not fear a loss of competitiveness either.

Read more...
 


Page 29 of 154