Comment history

Dawes says...

Why did the plane have to finish operations before sunset? It's last flight was to Nassau which has lights, so that can't be the reason why. We will most likely find out the plane was needed for some crony, so to hell with the people who actually paid to fly.

Dawes says...

wow less then 4 months before it occurs and they don't know the cost. Thats incredible, and shows how decisions are made without regard to the cost. What will he say if it ends up costing $500 million (of course it won't, i hope).

Dawes says...

Anyone who has been involved in an audit knows this will not work. Not a single SOE will have audits done in time so they will have to be exempt, which means all companies should be I assume this business community has decided that come June Government will have no choice but to extend or get rid of this, or they can fine all those companies who have not done it in time and see if any close.

Dawes says...

This comes up every year. Then there is some hand wringing and then no changes. nothing will happen, just be prepared to read that next year it is 35%

Dawes says...

As long as Bahamians have to pay for the building that is being used they can be as Judgmental as they like.

Dawes says...

This government is very good at being disappointed things haven't happened, which they are in full control of. The DPM is the 2nd most powerful person in the country, so he can easily get that school built if he was really concerned.

Dawes says...

Yes lets get rid of everything related to the colonial period. Change the names of most settlements and islands, and tear down the buildings. In fact taken to its end, seeing as nearly every person born in Bahamas (black and white) is because of the Colonial period, then they too must be gotten rid of. Their parents, or their parents parents would never had met if they had never come to The Bahamas, by whatever way. I am being facetious, but the idea proposed is basically saying get rid of a major part of this nations history and only leave it with the last 50 years, which is ludicrous.

Dawes says...

No you don't need to. Just continue to pay more and more of your income to Government and sit small.

Dawes says...

113 companies need an audit due to this (and this doesn't include others that need audits). At an average of 4-5 audits per audit that would be 450-565 auditors required. I wonder if there is enough auditors to do this and if not is the Government going to allow a couple hundred expats to come in to do this? I tried to find the number of accountants and got to around 800 per BICA, however a large number of them will be working in the firms that need to be audited so they won't be able to help.

Dawes says...

The letter writer seems to not understand the issues on this. The business community already has to have their revenue agreed by a licensed accountant. An audit will find nothing different then what was found before. It will however mean that every line item on a financial statement has to be agreed. None of those line items affect the revenue figure and what Government will make. This will not increase government revenue, all it will do is make businesses pay auditors more and also make the ease of doing business worse. Of course those bills the business has to pay the auditors will need to be raised from somewhere, so expect the continual increase in the cost of living to occur (I am not sure if the letter writer has worked out that the more it costs a business to provide an item, the more ty will charge for that item),

On Rich need to pay like the rest of us

Posted 15 December 2023, 8:47 a.m. Suggest removal