That would be difficult, as local manufactures pay 40% duty on packaging.
When you visit the local food store , you see locally made jellies and jams, and often they cost 8-9 dollars, while you can even get tropical fruit jam from the caribben for half that. I recently saw a bottle of jam all the way from Greece for 4.45 on the shelf. Why 8 or 9 dollars? I assure you the bottle alone costs about 3 dollars, so your profit margin tanks.
Even if you were to knit sweaters to sell to the richer crowd, your cost of materials is subject to duties and the chinese make their own wool and hardly pay workers anything.
It is more likely that individulas will import items and put it up for sale on the site.
In the early 1990s, when amazon was incipient, there was a business that offered catalogues from Sears across from St Thomas Moore school. Did not last long because they would just add percentages corresponding to customs duties.
Even when Avon was around, you would pay the catalogue price plus 40%.
Maybe this will be special and offer duty free prices.
> “How many families will now take the gamble and go without already expensive medical insurance now that it will increase by at least 10 percent?
Medical insurance was never never vat free. Minnis charged 12% on it. so those who can afford it, will save money. It was really Obama that made medical skyrocket, and people have to reinsure.
> How many people will die because they had no insurance coverage,
At the least the same number that died under the Minnis administration.
Did the people Minnis cause to be furloughed keep their insurance?
It works this way: Lets say you pay 5000 import vat 1000 vat on your electricity and 3000 on your plumber and lawyer.
Suppose you you collect 8000 from your customers.
You send the govt 9000 minus 8000 or 1,000. The business did not pay any vat. You collected 1000 for the govt.
Suppose you did not do well and you only collected 5000 Vat from your customer. The Govt now owes you 4000 Vat credit to be setoff in the next filing. Again, the business did not pay any VAT.
ohdrap4 says...
I am crying because this govt will now chargeVAT on fuel for my helicopter.
But thanks to the FNM, I brought it in duty free.
On Opposition’s last-ditch VAT change bid fails
Posted 3 December 2021, 3:38 p.m. Suggest removal
ohdrap4 says...
I did visit the site and searched for the exact item I just received from amazon through a local courier.
Their landed price was 1.20 more than what I paid,
You just run the risk of paying extra for volume weight when amazon places it in a bigger box.
On Sebas raises $19m for e-commerce purchase
Posted 3 December 2021, 2:57 p.m. Suggest removal
ohdrap4 says...
That would be difficult, as local manufactures pay 40% duty on packaging.
When you visit the local food store , you see locally made jellies and jams, and often they cost 8-9 dollars, while you can even get tropical fruit jam from the caribben for half that. I recently saw a bottle of jam all the way from Greece for 4.45 on the shelf. Why 8 or 9 dollars? I assure you the bottle alone costs about 3 dollars, so your profit margin tanks.
Even if you were to knit sweaters to sell to the richer crowd, your cost of materials is subject to duties and the chinese make their own wool and hardly pay workers anything.
It is more likely that individulas will import items and put it up for sale on the site.
On Sebas raises $19m for e-commerce purchase
Posted 3 December 2021, 2:54 p.m. Suggest removal
ohdrap4 says...
In the early 1990s, when amazon was incipient, there was a business that offered catalogues from Sears across from St Thomas Moore school. Did not last long because they would just add percentages corresponding to customs duties.
Even when Avon was around, you would pay the catalogue price plus 40%.
Maybe this will be special and offer duty free prices.
On Sebas raises $19m for e-commerce purchase
Posted 3 December 2021, 4:42 a.m. Suggest removal
ohdrap4 says...
Not likely. The difference in price will be marginal as there us no escape from custons duties.
On Sebas raises $19m for e-commerce purchase
Posted 2 December 2021, 6:32 p.m. Suggest removal
ohdrap4 says...
> **IF you die of covid...YOU made a (bad) choice!! Do NOT start a
> GoFundMe!!!!!**
Dead people are hardly in a position to start a go fund me.
On EDITORIAL: Don’t let vaccine go to waste
Posted 2 December 2021, 3:47 p.m. Suggest removal
ohdrap4 says...
> “How many families will now take the gamble and go without already expensive medical insurance now that it will increase by at least 10 percent?
Medical insurance was never never vat free. Minnis charged 12% on it. so those who can afford it, will save money.
It was really Obama that made medical skyrocket, and people have to reinsure.
> How many people will die because they had no insurance coverage,
At the least the same number that died under the Minnis administration.
Did the people Minnis cause to be furloughed keep their insurance?
Guy making himself a puppy show.
On Gibson slams breadbasket VAT rise
Posted 2 December 2021, 3:33 p.m. Suggest removal
ohdrap4 says...
He means for subsistence. You do carrots , your neighbour does sweet peppers and you barter.
However, supplies like soil and containers are expensive, and it is time consuming. Very time consuming.
On ‘Total devastation’ if VAT was put at 15%
Posted 1 December 2021, 9:40 p.m. Suggest removal
ohdrap4 says...
Offer a reward for people to capture friends, relatives and grocery shoppers and bring them to vaccination sites.
They will do it for ham and turkey.
On EDITORIAL: Don’t let vaccine go to waste
Posted 1 December 2021, 9:04 p.m. Suggest removal
ohdrap4 says...
Frustated , are you a VAT registrant?
It works this way:
Lets say you pay 5000 import vat
1000 vat on your electricity and 3000 on your plumber and lawyer.
Suppose you you collect 8000 from your customers.
You send the govt 9000 minus 8000 or 1,000. The business did not pay any vat. You collected 1000 for the govt.
Suppose you did not do well and you only collected 5000 Vat from your customer. The Govt now owes you 4000 Vat credit to be setoff in the next filing. Again, the business did not pay any VAT.
On Ex-PM’s VAT attack ‘ignorant’ of advice
Posted 1 December 2021, 8:46 p.m. Suggest removal