Yes other countries pay vat on customs duties. Because the customs duty adds value to the product.
But other countries have zero or reduced vat on certain items . Think, does the doctor fee add value to your treatment? The vat in Trinidad is 15% but there is no vat in food .
Bowe misses the point . The base "struggling to meet their daily costs' has expanded significantly.
The people of the lowest income will rely upon things such as food stamps.
But the ones with average wages will be left out when seeking help from agencies.
In his position, he should lobby for the publication of a personal debt index so that he may learn what percentage of credit bearers can meet their monthly commitment. Other countries do it.
They are losing the money that I worked for. Divide 30 million by 400 thousand people, then divide by 12. The average savings will be 6.25 per person per month. This reduction in the cost of living earned me a 5 lb bag of rice or one gallon of gasoline per month. Yes, great reduction in the cost of living
ohdrap4 says...
Yes other countries pay vat on customs duties. Because the customs duty adds value to the product.
But other countries have zero or reduced vat on certain items . Think, does the doctor fee add value to your treatment?
The vat in Trinidad is 15% but there is no vat in food .
On Gov’t ‘wipes away hundreds of millions in property tax arrears’
Posted 19 January 2025, 12:51 p.m. Suggest removal
ohdrap4 says...
The inflation index is rigged. They vary the products on the list.
There is a website that calculates the index according to the 1970s formula. It is way more than 4 PC.
On ‘Most competitive food industry in the world’
Posted 14 January 2025, 4:10 p.m. Suggest removal
ohdrap4 says...
Bowe misses the point . The base "struggling to meet their daily costs' has expanded significantly.
The people of the lowest income will rely upon things such as food stamps.
But the ones with average wages will be left out when seeking help from agencies.
In his position, he should lobby for the publication of a personal debt index so that he may learn what percentage of credit bearers can meet their monthly commitment. Other countries do it.
On Beware ‘populist trap’ over $30m food-based VAT cut
Posted 14 January 2025, 5:27 a.m. Suggest removal
ohdrap4 says...
I doubt that. A can of cat food goes for 3 dollars. Same 5 Oz can of tuna is 1.10, so you can get grits to go with that. No need for cat food .
On Halkitis: Govt to lose $30M annually due to VAT reduction
Posted 12 January 2025, 6:48 p.m. Suggest removal
ohdrap4 says...
They are losing the money that I worked for.
Divide 30 million by 400 thousand people, then divide by 12.
The average savings will be 6.25 per person per month.
This reduction in the cost of living earned me a 5 lb bag of rice or one gallon of gasoline per month.
Yes, great reduction in the cost of living
On Halkitis: Govt to lose $30M annually due to VAT reduction
Posted 11 January 2025, 1:11 p.m. Suggest removal
ohdrap4 says...
I contacted the insurance company ahead of time. I would have to renew the insurance for 12 plus 9=21 months. They refused .
On ‘Transition year’ confusion on Road Traffic Act reform
Posted 9 January 2025, 8:31 p.m. Suggest removal
ohdrap4 says...
If all you buy is uncooked food.
You will pay 10% on: bleach, washing powder, soap, toothpaste, toilet paper,dinner and sandwich from the deli.
On 5% VAT cut on all food items
Posted 9 January 2025, 1:06 p.m. Suggest removal
ohdrap4 says...
Who let the dogs out is a cover of a Trinidad song. Look on YouTube.
On Union to fight against Vybz Kartel concert
Posted 7 January 2025, 11:34 a.m. Suggest removal
ohdrap4 says...
Who is waiting for him?
On Vybz Kartel set to make long-awaited return to Bahamas
Posted 3 January 2025, 2:46 p.m. Suggest removal
ohdrap4 says...
When was the man disrespected?
On Sir Franklyn deserves our respect
Posted 3 January 2025, 5:40 a.m. Suggest removal