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New Publication Blasts UPP Administration

New Publication Blasts UPP Administration

Antigua St. John’s - A new book written by a former ranking member of the United Progressive Party (UPP) has blasted the party for failing to live up to electoral promises made prior to its 2004 elections victory.

IATA Against New Airport Tax

Antigua St John's - The International Air Transport Association (IATA) has written to Civil Aviation and Culture Minister John Maginley about what it called the “excessive” proposed Airport Administration Charge Act of 2012, which will see both inbound and outgoing airport passengers paying up to US$75, after inclusion of the embarkation tax.

New Travel Tax Casts Wider Net

Antigua St John's - The new Airport Administration Charge Tax, which had its first reading in the House of Representative on March 5, will cast a wide net when it becomes law following parliamentary approval.

Inside Politics- Taking Back the Country

Inside Politics- Taking Back the Country

This past Saturday I had an impromptu and very lengthy discussion with a good friend of mine, a bus driver who plies his trade in one of the most easterly communities in Antigua.

Other People’s Money

Other People’s Money

Antigua St John's - Ok! Enough is enough. Can someone please tell Prime Minister Baldwin Spencer and Attorney General Justin Simon that the people's money is not theirs to squander.

Truth and Consequences

Truth and Consequences

Last week Wednesday, to the surprise of all, Prime Minister Baldwin Spencer was spared the humiliation of the historic Draft Resolution of No-Confidence. Due to health troubles, opposition Leader Lester Bird was absence at the time the motion was called.

PM Spencer's No Confidence Vote

PM Spencer's No Confidence Vote

On Thursday, Antigua & Barbuda's Parliament will decide on whether PM Baldwin Spencer has the clout to stay in the driver’s seat or become a dead horse.

Businessman Wants All Duties Removed

Businessman Wants All Duties Removed

Antigua St. John’s - A local businessman wants government to remove all duties and the Revenue Recovery Charge on goods.

Rum Parting the Ways Between US and the Caribbean

Rum Parting the Ways Between US and the Caribbean

The rum industry in the non-US countries in the Caribbean is now under serious threat.  At risk are the jobs of 15,000 workers directly employed in the industry, and another 60,000 jobs that benefit from it. Apart from employment, non-US Caribbean countries face the loss, annually, of US $700 million in foreign exchange and over US $250 million in tax revenues at a time they can ill afford it.

ABIA More Focused and Aggressive – Mercer

ABIA More Focused and Aggressive – Mercer

Antigua St. John’s - The Antigua & Barbuda Investment Authority (ABIA) is intensifying efforts to spark economic activity and on the heels of the $70 million success of the CAB-I programme has announced an aggressive, assertive and focused position going forward, Marketing Director Sascha Mercer said.

Business Leaders Hold Fresh Talks on Declining Sales

Business Leaders Hold Fresh Talks on Declining Sales

Antigua St. John's - Employers across Antigua & Barbuda held an extra-ordinary meeting in St. John's yesterday to thrash out issues related to the continued decline in business revenue.

The Destination that Time Forgot

The Destination that Time Forgot

Our national symbol the pineapple (Antigua Black for sure) graces the façade, as does the craft of Antiguan stonemasons skills passed on over centuries expressed in pale green limestone quarried from the heart of the country.

Lovell Says Tax Increases Unlikely

Lovell Says Tax Increases Unlikely

Antigua St. John's - Minister of Finance and the Economy Harold Lovell has hinted that residents may not be asked to pay more taxes as the time nears for his presentation of the 2013 Estimates of Revenue and Expenditure.

Tax Haven Label Criticised

Tax Haven Label Criticised

Antigua St. John's - A two-day conference on the financial services sector in the Caribbean has opened here with officials lashing out at developed countries for branding regional states as tax havens and setting an unequal playing field.

Federation Wants Action on Electricity Bills, Taxes

Federation Wants Action on Electricity Bills, Taxes

Antigua St. John's - With some businesses having to cough up $1million every month to settle their electricity bills, the Government is being asked to get expert advice on how to keep utility costs down.

ABIA Explains Homeowner ABST Waiver

Antigua St John's - The goal is for transparency and accountability in the process of waivered taxpayer funds, according to Fitzroy Christian of the Antigua and Barbuda Investment Authority (ABIA).

100th CAB-I Approved Homebuilder Recognised

100th CAB-I Approved Homebuilder Recognised

Antigua St. John’s - Ten may have been approved after her, but Ms. Denise Knight is still the 100th homebuilder through the Construct Antigua & Barbuda Initiative (CAB-I) who is expected to benefit from approximately $150,000 in savings through the programme.

Taxman Coming For Evading Attorneys

Taxman Coming For Evading Attorneys

Antigua St. John's - Tax defaulting attorneys are being targeted by the Inland Revenue Department (IRD) as it seeks to widen the compliance net.

Government Urged to Merge Tax Collection Units

Government Urged to Merge Tax Collection Units

Antigua St John's - Chartered accountant Cassandra Simon has advised government to merge its tax collection departments to boost compliance.

Lovell - Fiscal Performance Improved 42 Percent

Lovell - Fiscal Performance Improved 42 Percent

Antigua St. John’s - The Fiscal performance of Antigua & Barbuda has improved by some 42 percent says Finance Minister Hon. Harold Lovell as he presented an update on the nation’s financial standings for the second time this year.

IMF Concludes Seventh SBA Review

IMF Concludes Seventh SBA Review

Antigua St. John's - An International Monetary Fund (IMF) mission led by Geoffrey Bannister visited Antigua and Barbuda during August 14–24, to undertake the combined seventh review of the program under the Stand-By Arrangement (SBA) approved by the Fund’s Executive Board on June 7, 2010 (see Press Release No. 10/232) and the Article IV consultation.

ECCB To Get Sweeping Powers

ECCB To Get Sweeping Powers

Antigua St. John’s - The Eastern Caribbean Central Bank (ECCB) is at the receiving end of additional powers to determine who sits on the board of directors as well as who is appointed to senior management of financial institutions in Antigua and Barbuda.

Government to Introduce Incentives to Boost Manufacturing

Government to Introduce Incentives to Boost Manufacturing

Antigua St. John’s - Against the backdrop of declining economic performance and growing unemployment, government is making another effort to jump-start the economy.

Cort Says Airport Tax Hike a Necessary Evil

Cort Says Airport Tax Hike a Necessary Evil

Antigua St John's - Leader of government business in the Senate Dr. Errol Cort has led the passage of the new airport administration tax that will see passengers using the VC Bird International Airport paying a total of US$75 to enter and depart the country.

$12.4 M IRD Office Commissioned

$12.4 M IRD Office Commissioned

Antigua St. John’s - With an injection of EC $12.412 million, the Inland Revenue Department (IRD) boasts a startlingly new facility through which it expects to collect better than 52 per cent of government’s projected revenues.

Woe to the People - Even More Taxes

Woe to the People - Even More Taxes

Antigua St John's - The Antigua and Barbuda Labour Party is warning the public of the heavier debt burden and increasing taxes that the UPP government is placing on everyone.

Airport Tax Changes Approved

Airport Tax Changes Approved

Antigua St John's - The government has presented and passed the Airport Administration Charge Act, 2012 introduced by Finance and Economy Minister Harold Lovell.

Inflation Rate Up Over Four Percent

Inflation Rate Up Over Four Percent

Antigua St John's - The annual rate of inflation was measured at 4.4 percent in April, and food prices increased by 4.1 percent over the 12-month period from April 2011, according to the latest figures from the Statistics Division.

Independence - Compared to What or When

Independence - Compared to What or When

On November 01 2012 Antigua & Barbuda will celebrate its 31st anniversary of Independence from Britain.

On Reducing The New Airport Burden

On Reducing The New Airport Burden

Dear Editor. As a proud national of Antigua & Barbuda, and one who will be obliged to pay the charges associated with the new Airport Administration Charge Act 2012 (that was debated by the House of Representatives on May 30, 2012), I am duty bound to register my displeasure.

TUC Wants Tax Changes Delayed

TUC Wants Tax Changes Delayed

Antigua St John's - The Antigua and Barbuda Trade Union Congress (ABTUC) has called on the government to delay the implementation of changes to the personal income tax.

Amended PAYE Guide Released

Antigua St John's - The government has released the amended version of the Employers' PAYE Guide, following recent discussion with the business community over changes to taxable allowances.

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Lovell Recaps Ministry's Successes

Antigua St John's - Harold Lovell, Minister of Finance and Public Administration Harold Lovell used the UPP's recent eighth anniversary media day to recap his department’s challenges and accomplishments.

Door Closed to Further Tax Amendments

Antigua St John's - By the end of the week, the Inland Revenue Department (IRD) will have the final guidelines ready for businesses ahead of the April 2 implementation of taxes on allowances and benefits.

Chamber Says Tax Loophole Still Exists

Antigua St John's - For government to successfully and effectively move forward with closing the loopholes in its income tax collection legislation, it must first put a cap on a particular section that self-employed professionals have capitalized on since 2004.

Debt Profile Report Released

Debt Profile Report Released

Antigua St John's - The Ministry of Finance has released a report on Antigua & Barbuda’s debt portfolio from 2006 to 2010, compiled by the Eastern Caribbean Central Bank’s Debt Management Advisory Service Unit in collaboration with the Antigua and Barbuda Debt Management Unit.

A Failure Across The Board

Antigua St John's - As he surveys an economy in what he terms “very serious trouble,” financial services professional Ronald Maginley is criticizing both major political parties for what he regards as a “failure of political leadership across the board”.

Accountant Criticizes Govt's Decision

Antigua St John's - The government’s decision to “leapfrog” Antigua’s 2007-2009 accounts could have far-reaching implications, according to Institute of Chartered Accountants of the Eastern Caribbean (ICAEC) representative Cassandra Simon.

Young Electorates and Motivation – Never Too Early

Young Electorates and Motivation – Never Too Early

In his Gettys Burg address, Abraham Lincoln called democracy, “Government of the people, by the people and for the people.”

Weston Says ALP Not Culpable

Weston Says ALP Not Culpable

Antigua St. John's - Ex-Financial Secretary Senator Lennox Weston has said the former Antigua Labour Party (ALP) regime is not  responsible for the money problems at the Social Security Scheme.

Runway Expansion Loan Goes to Parliament

Runway Expansion Loan Goes to Parliament

Antigua St. John's - Government is seeking parliamentary backing to settle outstanding monies owed to the Brazilian firm Andrade Gutierrez S.A (AG) for expansion work on the V.C Bird International Airport runway expansion project carried out in 2007.

Molwyn Stands Firm Against ECP

Molwyn Stands Firm Against ECP

Antigua St. John's - Parliamentarian for St Mary’s North Molwyn Joseph remains firm in his position opposing the introduction of an Economic Citizenship programme that the government hopes to introduce to help lift Antigua and Barbuda out of its current economic morass.

Gaston Stormed on Radio Talk Show

Gaston Stormed on Radio Talk Show

Antigua St. John's - Chairman of the Antigua Labour Party Gaston Brown came under fire on Thursday as he appeared as a guest on the Observer Radio Voice of the People Program hosted by Observer Media Group (OMG) Chairman Winston Derrick who barraged the politician with a series of questions about ALP’s role in Antigua’s debt crisis and its proposed methods to rescue the financially embattled nation if it were to regain political power.

Pensioners Await Airport Tax Exemption

Pensioners Await Airport Tax Exemption

Antigua St. John’s - The Ministry of Finance and the Pensioners Association have not reached agreement on a system to protect the country’s elderly from the Airport Administration Charge that took effect November 1.

Parliament Passes More Acts

Parliament Passes More Acts

Antigua St John's - The Tax Administration and Procedure Act, the Embarkation Tax (Repeal) Act, and the Passenger Facility Charge (Repeal) Act, 2012 have all been introduced by Finance, the Economy and Public Administration Minister Harold Lovell, and passed in the House of Assembly after three unopposed readings.

Bird Talks Referendum

Bird Talks Referendum

Antigua St John's - Former prime minister Lester Bird wants a referendum to decide on the UPP's track record on foreign direct investment and crime.

Supportive Audience for CIP Consultation

Supportive Audience for CIP Consultation

Antigua St. John's - A relatively larger crowd of residents and nationals than had appeared for the first event at the Multi Purpose Center turned out for the second of three scheduled public consultations on the proposed Citizenship by Investment Program (CIP).

ALP will Establish Independent Government Procurement Commission- Broadcast by MP Lester Bird

ALP will Establish Independent Government Procurement Commission- Broadcast by MP Lester Bird

My fellow Citizens and Residents of Antigua and Barbuda. Again, I want to thank the large number of people who came out in support of the combined march by the Antigua Trades and Labour Union and the Antigua Labour Party last Monday.

Bird Dismisses Safe Hands Promo

Bird Dismisses Safe Hands Promo

Antigua St John's - Buoyed by what party officials say has been a very good turnout for the AT&LU/ALP Labour Day march, Antigua Labour Party Political leader Lester Bird is using the positive showing to ‘dis’ the governing United Progressive Party’s “Safe Hands” campaign.

Public Raise Concerns at CIP Consultation

Public Raise Concerns at CIP Consultation

Antigua St. John's - Both the Government of Canada and the Government of the United Kingdom have not voiced any notable concerns with Antigua’s proposal to implement a Citizenship by Investment Program (CIP), and have actually offered to provide technical assistance wherever necessary when or if the program does get underway.

Spencer Admits Losing Support

Antigua St John's - Two years before elections are constitutionally due, United Progressive Party (UPP) political leader and prime minister, Baldwin Spencer, concedes that his party has lost some support, but he is still confident that the party will rebound to be victorious in the 2014 general elections.

Spencer Takes Gaming Battle to World Stage Again

Spencer Takes Gaming Battle to World Stage Again

Antigua St. John's - Antigua & Barbuda has taken its internet gaming battle with the United States to the global stage, telling world leaders yet again that America continues to be delinquent in complying with a World Trade Organisation (WTO) ruling.

Anti-Money Laundering Conference Opens

Anti-Money Laundering Conference Opens

Antigua St. John's - The chairman of the Financial Services Regulatory Commission (FSRC) said the Caribbean alone cannot be held accountable for "questionable funds" that enter the region's financial system.

IRD Moving This Weekend‬

IRD Moving This Weekend‬

‪Antigua St John's - The Inland Revenue Department will be relocating to its new premises at Woods Mall next to the post office.  The move will take place from Saturday, 14th. April 2012 and concludes on Monday, 16 April, 2012.

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