BUDGET 2008-2009 - Taxes rise -
Motor vehicle, firearm licence and cigarette tax leap
MOTORISTS, CIGARETTE smokers and licensed firearm holders have been hit hard by the $2.98-billion tax package crafted by the Jamaica Labour Party (JLP) government - its first in 20 years. Finance Minister Audley Shaw, in opening the Budget Debate yesterday, said of the $2.88 billion...
Hunt for Cash Plus money goes abroad
The police will be conducting investigations overseas to trace funds deposited by investors of Carlos Hill's informal investment scheme, Cash Plus Limited, says Assistant Commissioner of Police Les Green. Green told reporters, during a press briefing at the police commissioner's office...
Down-Hill from here?
Carlos Hill, head of the beleaguered Cash Plus investment scheme, is to be questioned today by a team from the Organised Crime Investigation Division, which searched his fashionable Norbrook home, seizing several items including five vehicles....
'Innocent until proven guilty' - Cash Plus lawyer questions police operation
Hugh Thompson, the lawyer for Cash Plus boss Carlos Hill, has criticised the police for its handling of the situation that led to the arrest of his client and three other people yesterday. "I'm quite distressed by this because this practice of taking people in custody...
Tax amnesty till October - Drive to improve tax collection, says Shaw
A TAX amnesty has been announced by Minister of Finance and the Public Service Audley Shaw.The measure is expected to help Government increase its tax revenue by 19.7 per cent over last year's collection.Shaw, in his maiden Budget Debate presentation as finance ...
Yuh struggling - D a v i e s
DR OMAR Davies rocked back in his seat inside Gordon House yesterday. He has been sitting in that chair for just seven months. Davies had all but made another chair on the opposite side of the aisle his own. He still sees it, but can't sit there. It now belongs to Finance Minister...
Sector responses - What is your initial reaction to Shaw's Budget presentation?
PricewaterhouseCoopers - The removal of withholding tax on dividends will be welcomed by most, in particular, groups of companies which suffer the cash-flow disadvantage when their subsidiaries pay the tax to their holding companies....
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