President of the St. Lucia Manufacturers Association Paula Calderon has warned policymakers behind the Value Added Tax (VAT) implementation that its members may soon be out of business because of the implications of certain policies.
In a statement, Calderon said her association was outraged by the implementation of VAT policies which she claims are crushing the already struggling manufacturing sector.
She said manufacturers had brought some of these concerns to the authorities prior to the October 1 implementation, but instead of being addressed other measures not previously discussed have been introduced.
If the country your company is based in is putting in place policies that are going to stiffle your business, I think it is time to consider changing countries. There are many other countries willing to take in these companies
Yes well we need to understand the consequences of, be able to connect the dots between, our white elphants and costly infrastructure that we love so much. The government has to find a way to pay for it and that is through taxes. So are we learning yet to be careful what we demand our governments build for us?
Garçon you fool-ish, do some research and comprehend the His-Story about Taxes,,,
Taxes is not generated to repay for infrastructure, taxes is implemented so the Ones on-top can remain on-top,,,
The general rule is that Corporations don’t pay Taxes once the great hands of the Account can cook the books to make it look like there was no net Profit,,,
But the extrinsic Monetary system controlled by the ones who claim they came from Zion make the revelation that all your exchange, when doing service for public good by giving an intrinsic valuable thing in exchange for extrinsic valuable things is taxable as profits,,,
vat is what is called regressive taxation the poor pay more
that’s so true!!! Omg someone with sense :3
But yes , things are hard in Dominica.
although they added tax I find up there still Cheap.
Clothes and other stuffs up are better than Dominica
tops im buying in Dominica like about $ 75 80 90
In St Lucia $ 20 30
Chuppppsssssssss
Dominica is too hard right about now
“I” beg to differ,consult our “PM” as an authority on this matter.
He is so wicked, he said the vat is here to stay.
Vat takes all my money. If he thinks, O woll come for hand out, he lie. I will have to start selling marijuana. It should be legalised.
So sad wonder if those Biz and Policy Makers in Dominica have Mouths to Bark at what they see as a Treat to cash flow issues in Dominica..
I know the ALL THE OTHER CARIBBEAN ISLANDS DO BARK.
Haha, Maybe that’s why Dominica is the Poorest, they Could care less about asking Questions or Speaking their Minds…..
Strange Island-Dominica..
Leave us stay poor and stay where you are, shopping on ‘5th AVE’.
Boss on what basis is Dominica the ‘POOREST’?? give us some real facts to back up your statement or else best you stay out of what you don’t know… and stop listening to Q they are not helping in your development!!!!!
http://www.britannica.com/EBchecked/topic/168667/Dominica
check this site it also mention as dominica one of the poorest ,also in the book pagua of pigs dominica also mention as one of the poorest,everyone knows of that but you,how many villas do you have,how do you sleep at night telling people things ok when its not
Sot Dominicans Sot, those in Dominica were praising it!
How many of these people who are in government or the public service every started or ran a business. The same thing applies in Dominca. You have a set of people who whether they work or not get a salary. Do you really believe they will even begin to understand what the business sector is saying? Government employees have a completely dofferent mindset than business people. Good luck talking to a stone wall.
If you guys take a minute or two and actually research the VAT you will realise that the Companies that are registered for VAT should NEVER be complaining.
With VAT the person who actually pays are the final consumers…so if your arguement was that the final comsumer is feeling the squeeze then i would agree with you.
Example: Company X imports products from Canada. When the product lands in Dominica upon clearing the company pays $5000 VAT. At the end of the MONTH when company X is doing his VAT return lets say he collected VAT from his customers of $10000 he removes the $5000 VAT he paid at customs and only pays the Government $5000.
The business comunity is complaining the VAT makes their electricity bill high..another lie cause the VAT they pay on electricity is a deduction to them monthly..so do not blame the VAT blame Domlec cause basically is only the Domlec portion of the bill that they pay.
Very true.
that is not entirely true. the people who make the policies were placed in positions to look after, not the government affairs but the labour party intrest, some of these people have no idea how to do their jobs, some are there just to collect a salary and its perks and the rest are just plain ‘YES MEN’. so to sum it up, the prime minister is the manager of all his hence men positions, they cannot take any decision without his OK and sometimes he forces things down their throat regardless if they like it or not.
is not that the place hard is the governments that cannot understand that with our small populations in which sometimes 40% are unemployed and most of the remaining are children u cannot implement high VAT rates that only raises prises and sends investors to other places customs already killign the poor man trying to make a dolar the cost of electricity so high so that runs up costs u have to pay ur workers a good enough salary so they can survive u have to now pay a high VAT on ur products which cuts from the companies profits so slowly but surely all u doign is crippling the poor company owners one by one small island companies just goign to die one after the other and the backbone of ur country is just goign to be broken our countries all goign to end up the way haiti ended up slowly but surely
Give us an alternative because we are the first to complain about feeder roads bad, all roads bad this bad that bad etc etc, and govt must do this and must do that blah blah blah…
We also cry down other countries assisting us saying we are a begging country and that there is a culture of mendacacy that is developing because govt is begging other countrie for grant funds to develope infrastructure that would have normally been paid by the tax payers…
Boy i tell you, you ppl need education, stop listening to Q they are not helping with your development!!
i guess joe you not listening to Q ,is kairi you listening too,u must be one of them bread that well butter even have the p.m number on speed dial ,happy you
Joe, were feeder roads not built and maintained before VAT? Also now that we pay VAT are feeder roads in better condition now than they were before Vat.
Joe, you really need to educate yourself and start to listen to Q95 because whoever you listening to sure does not help your mental development.
St Lucia get the VAT too….man its taxes everywhere.
Even Obama putting his own VAT in a technical way
nothing wrong with vat, its just that peoples salaries are not ADJUSTED to catter for those taxes that are imposed from time to time.
Ms. Caulderon fight hard against VAT. Here in DA we got VAT which gives the government a lot of money but takes money away from the poor people. VAT on everything u buy! That is a killer for the poor man and the small business.
Right on. The whole objective of taxes is to impoverish the population while the fat cats live it up.
check again boss it not on everything, go VAT Unit and ask them, all you ppl to bias!!!
POCO POCO all thing is dominica alone things hard. tori tori