Thursday, February 11, 2016

Business

VAT is 12.5%, not 15% *

Feb. 11, 2016, 6:40 PM AST Comments

By Leah Sorias— Prime Minister Keith Rowley yesterday warned businesses against continuing to charging 15 per cent Value Added Tax (VAT) on goods and services even though VAT was reduced to 12.5 per cent from February 1.


Congress likely to give final OK to local Internet tax ban

Feb. 11, 2016, 10:20 AM AST Comments

WASHINGTON (AP) — State and local governments would be permanently barred from taxing access to the Internet under a bipartisan compromise that Congress is a step away from sending to President Barack Obama.The Senate was expected to vote Thursday to approve the language, part of a wide-ranging meas


Consumers urged to buy cheaper fish*

Feb. 10, 2016, 8:0 PM AST Comments

BUY cheaper fish. This was the advice from Kishore Boodram, vice president of the Trinidad and Tobago Unified Fisherfolk yesterday, the start of the Lenten season.


BG Group’s oil output up 20%, but T&T’s slips*

Feb. 7, 2016, 6:1 PM AST Comments

UNITED KINGDOM-based BG Group exploration and production (E&P) output was 757,000 barrels of oil equivalent per day (kboed), up 20 per cent from the fourth quarter of 2014. Growth was driven by Australia, Brazil, the UK and Norway.


Ramesh: NGC must be stopped*

Feb. 5, 2016, 8:18 PM AST Comments

FORMER attorney general Ramesh Lawrence Maharaj is claiming that the National Gas Company (NGC) is incorrectly applying an order made in the High Court against Super Industrial Services (SIS) to restrict seven other companies from being able to access their accounts, leaving them unable to pay worke


Kublalsingh, Hinds talk highway reroute

Feb. 5, 2016, 9:49 AM AST Comments

Environmental activist and leader of the highway reroute movement Dr Wayne Kublalsingh met with Works Minister Fitzgerald Hinds on Tuesday, to discuss the group’s proposed new route for the Debe to Mon Desir segment of the Solomon Hochoy Highway extension to Point Fortin.


For Brazil's Carnival fans, even Zika can't stop the party

Feb. 5, 2016, 9:46 AM AST Comments

RIO DE JANEIRO (AP) — Brazilian Carnival could be called a hungry mosquito's dream — five days of non-stop street parties that bring together millions of revelers in an inviting mass of bare ankles, uncovered legs and denuded torsos. So the mosquito-borne Zika virus might be expected to



Consumer Affairs: New hotline to answer questions*

Feb. 3, 2016, 7:51 PM AST Comments

port of spain   WITH many consumers still confused over the new value added tax (VAT) regime, the Consumer Affairs Division of the Ministry of Trade has implemented a hotline to answer questions for shoppers.The hotline — 800-4277 — will be answered between the hours of 8 a.m. to 4 p.


VAT problems? Call this hotline

Feb. 3, 2016, 1:9 PM AST Comments

The Multimedia Desk - The Consumer Affairs Division of the Ministry of Trade and Industry has set up VAT Hotline for the convenience of consumers and to answer queries on the revised Value Added Tax (V.A.T.) regime – 800-4277



TT$6.4940 for US$1

Feb. 1, 2016, 7:1 PM AST Comments

By Joel Julien—The cost of purchasing a United States dollar yesterday reached its highest point for the year at State-owned commercial bank First Citizens.