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News : Local Last Updated: Feb 6, 2017 - 2:32:04 PM


VAT Announces Next Round of Community Presentations
By Diane Phillips & Associates
Feb 28, 2014 - 2:57:55 PM

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The Government of the Bahamas is continuing its public education efforts on the impending Value Added Tax (VAT) implementation with a full month of community presentations.

Eight meetings are scheduled for late February and the month of March beginning on Friday, February 28, in conjunction with the Exuma Chamber of Commerce and ending on March 13 at the Church of God of Prophecy, East Street, Nassau.

Presentations will also be made at Wesley Methodist Church, Baillou Hill Road on March 1 at 10am, Bahamas Faith Ministries on Saturday, March 1 from 9 – 11am and again at 12:45 pm, Killarney Community Development Association at Casuarinas Resort on Cable Beach on March 3 at 7pm, Bahamas Veterinary Association at the IICA Conference Room, Village Road, on March 5 at 6:30pm, Ministry of Tourism retirees on March 6 at 4pm, the Bahamas Bar Association on March 11 at 1pm, and Church of God of Prophecy on March 13 at 2 pm.

The Minister of State for Finance Michael Halkitis will speak on the implementation of VAT at 9:30 Saturday, March 1 at Bahamas Faith Ministries. Other presenters for this series include Senior Customs/ Revenue Officer at the Minister of Finance Livingston Ferguson, VAT Consultant Pauline Peters, Ministry of Finance official Lucine Mingo and various other members of the finance sector.

All sessions are free of charge and include an interactive question and answer period.

For more information on the VAT implementation please call the Ministry of Finance VAT hotline between 9 am and 5 pm, Monday-Friday at 225-7280.

You can also visit the official Facebook page at www.facebook.com/vatbah242.

Value Added Tax has been the 'choice' taxation method for over 160 countries worldwide since it was first implemented in 1950.

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