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Redman wrote:The_Honourable wrote:No issue with the redevelopment of Skinner Park... but a drive in cinema?
Sporting Groups Clash With Sando Mayor Over Drive-In Cinema At Skinner Park
Plans to have a drive-in cinema at the Skinner Park location are being met with brake lights by some Sporting Associations.
On Saturday, members of the Southern Football Association stormed the facility, stating that the organisers are taking away an essential play area from the public for monetary gain.
That there is a pretty dumb fakin idea
Elite and de minster is good friend, ask him to call and find out .rspann wrote:59 meelions dollars for fix de Gallyons Passage . Dais not ah new boat?
newsday wrote:
Businesses forced to overpay taxes, says TT Chamber
Carla Bridglal 16 Hrs Ago
The Board of Inland Revenue building in Port of Spain. TT Chamber CEO Gabriel Faria says the BIR and the Finance Ministry have not responded to the business sector's concerns about income tax payments in light of reduced income because of covid19 restrictions. -
The Board of Inland Revenue building in Port of Spain. TT Chamber CEO Gabriel Faria says the BIR and the Finance Ministry have not responded to the business sector's concerns about income tax payments in light of reduced income because of covid19 restrictions. -
Government is placing a stranglehold on businesses by insisting they pay taxes based on last year's profits even as many are facing losses because of the covid19 pandemic, Gabriel Faria, CEO of the TT Chamber of Industry and Commerce has said.
The chamber has been actively trying to engage the Ministry of Finance regarding income tax payments (taxes on profits), requesting waivers or, at least, to be allowed to pay taxes based on 2020 profit estimates. But the ministry and the Board of Inland Revenue (BIR) have been loath to respond, Faria claimed.
“We wrote the Ministry of Finance on this issue and copied the chairman of the BIR. We have not received a response. We then wrote a column on the topic (published in the Business Day on June 4), still no response,” Faria said.
It all comes down to how corporate income tax is paid in TT. Essentially, because it’s impossible to know what the actual profit will be for a year, to streamline the process, taxes are usually paid, quarterly, based on the amount of profit made the year before.
“In the first six months of 2020, these businesses lost income. Right now their forecast is a loss. But the government is saying they don’t care if these businesses lose money, they have to pay the same amount that they paid last year.
"You can’t force people to pay taxes on last year’s profits when you know most businesses aren’t going to make the same level of profits this year,” he said.
What the BIR and the ministry is trying to do is overstate income tax revenue, Faria claimed, by insisting that businesses pay based on 2019 profits, even though the law allows for the correct taxes to be paid based on 2020’s actual profits.
If businesses pay this inflated amount, they will have overpaid taxes and while they will be eligible for a refund, the wait for such could be interminable, he said. On the flip side, if they pay less than the 2019 estimate, they could be liable for underpaying taxes and be subject to a fine.
Businesses may write to the BIR explaining their situation. “It’s important to understand they already paid their taxes for 2019. What has been happening is the BIR either does not reply or they reply saying they cannot accede to the request. It means the business must now make another payment (equivalent to the 2019 payment) when they should not have had to pay any taxes at all,” Faria said. “Theoretically they owe the government taxes even though they losing money.”
Under the law, the BIR has to review any application for exemption. The BIR is denying all claims, he said, and while businesses can object, while they wait on a response, they still have to pay taxes.
“This behaviour is irresponsible. It is taking cash flow desperately needed by people who are trying to keep their businesses open in extremely difficult times to keep employees, voters, employed and forcing them to either close or lay off voters.”
This tax constraint is compounded by the fact that businesses have not received “one cent in fiscal support” since the pandemic started three months ago, he said. Many have been closed and the majority have seen significant declines in profit, or are generating losses.
“I am pleading with the Government to do the right thing and allow businesses to pay tax on this year's projected profits.”
The challenge has been with the BIR responding to these requests on a timely basis, so as to allow businesses to reduce their instalments, said Arun Seenath, Trinidad tax partner at financial services giant Deloitte. If the BIR does not respond, then technically the instalment should not be reduced. “We have even seen cases where BIR has responded stating that it is unable to grant approval to reduce the tax instalments, without providing a basis for the rejection.”
This approach has a number of practical implications, he said. If taxpayers continue to pay tax based on their prior year tax charge, where the current year has had reduced activity, this would likely result in a tax refund. Tax refunds as we all know can take years to recover. Government will then continue to report its tax revenue as collected.
Another practical issue is that if taxpayers unilaterally take a decision to reduce their instalments, when their tax returns are processed they could be assessed additional interest based on a formula set out in the tax law. This then disadvantages the taxpayer if they require a tax clearance for business reasons, Seenath explained.
“I can imagine that it may also not be possible for BIR to process 10,000 plus applications for reduction in tax instalments within a 30-day timeframe. So this has to be taken into consideration as well. Taxpayers are then forced to make a business decision to either overpay their taxes and await a refund that may take a while to collect, or to underpay their taxes and be assessed interest on those underpaid amounts,” he said.
Businesses have requested a waiver, but Finance Minister Colm Imbert in a press conference in April was adamant that this can’t happen because tax revenue was necessary to fund the government’s covid19 relief programmes.
“We have to give people help. Where is money supposed to come from? So, if we were to say yes, we will defer tax collection, (that) we will allow people not to pay taxes, where is the money going to come from to produce the salary relief grant and other assistance?
"We can’t defer. It’s unfortunate so that’s just how it is. We need every single cent,” Imbert said then.
The government’s coffers for the second quarter of 2020 took a double hit from falling energy commodity prices as well as covid19 later in the quarter. As of March 30, the State collected $3.6 billion, a shortfall of about $600 million to $700 million from the original projection. Business Day emailed the minister and the ministry’s corporate communications unit for comment but up to press time, did not receive a response.
The chamber has asked for deferrals of tax payments by six months, Faria said. He claimed the government is withholding an estimated $12 billion in VAT refunds, personal and corporate tax refunds and amounts owed to suppliers dating back probably seven years.
"To ensure transparency to the people of TT, I would appreciate if the Ministry of Finance could confirm the actual amounts owed in each of those areas.”
In a tweet on May 29, Imbert said that so far in 2020, Government has paid in cash $90 million in corporation tax refunds, $267 million in individual income tax refunds and $970 million in VAT refunds, as well as $581,227 million in VAT refund bonds. In total that would be $1.91 billion to 61,611 entities. He said the aim was to assist with cash flow in this difficult time.
pugboy wrote:where he was getting the money to pay the private security stuey wanted to hire at start of lockdown ?
zoom rader wrote:^^^ That should read money for African performers,
They only squeez in an injun to make it look non racists.
A full list of names need to be published .
Redman wrote:zoom rader wrote:^^^ That should read money for African performers,
They only squeez in an injun to make it look non racists.
A full list of names need to be published .
So you just stated that you've made a conclusion in absolute ignorance of the information, and before you request sight of same.
That says it all.
Gnight Zoombindranath
Rovin wrote:https://trinidadexpress.com/newsextra/10-million-for-suffering-local-artistes-before-christmas/article_e810b69e-4539-11eb-a9b1-ffeafebdbf1c.html?fbclid=IwAR1xP1hPMfv31w7EfFUBbOk7yfm7iNTY5J70BXURlgrLG_LJAUDJ3l-fXIw#utm_campaign=blox&utm_source=facebook&utm_medium=social
$10 million for suffering local artistes, before Christmas ...
Over $10M in Cultural Relief Grants were distributed to local artistes and creatives just in time for Christmas.
According to a press release from the Ministry of Tourism, Culture and the Arts, $5000 one time payments were given to those who lost income during the Covid-19 pandemic.
Some of these artistes included Chutney singer, Nishard Mayrhoo otherwise known as Nishard M, Soca artiste Kimba Sorzano and musician Vaughnette Bigford.
According to Minister of Tourism, Culture and the Arts, Randall Mitchell: “The Government through the Cabinet took a decision to extend a helping hand to this sector. We understood the impact of the pandemic on those individuals involved in culture and the arts, and we felt it was important to be compassionate during this difficult period.”
Mayrhoo said: “This year has been especially difficult for persons in the creative industry as revenue streams have almost dried up.” The Grant, he said, helped artistes like himself.
He described the application process as surprisingly easy and straightforward and encouraged others who qualify for the grant to apply and access it.
Comedian and entertainer, Kess Ramsey also received a grant and urged others in his industry to ‘capitalize on this opportunity’.
Sorzano said: “I will urge every artiste to reach out and utilise this opportunity, even if it is to pivot.”
He added that though it was a small sum, he was grateful for the assistance.
Bigford also said it has been a difficult time for creatives but was also grateful to the Government for the assistance. According to the release, “To date 2,152 persons received the Cultural Relief Grant, while an additional 520 persons have been approved and are awaiting their grant cheques. This will increase the total disbursement to date to over $13M. Applications have been received from an additional 550 artistes and creatives and are currently being processed. GoRTT approved and allocated a maximum of $25M for disbursement under this relief measure.”
Deadline for recipient to collect their grants have been extended to December 31.
Habit7 wrote:Rovin wrote:https://trinidadexpress.com/newsextra/10-million-for-suffering-local-artistes-before-christmas/article_e810b69e-4539-11eb-a9b1-ffeafebdbf1c.html?fbclid=IwAR1xP1hPMfv31w7EfFUBbOk7yfm7iNTY5J70BXURlgrLG_LJAUDJ3l-fXIw#utm_campaign=blox&utm_source=facebook&utm_medium=social
$10 million for suffering local artistes, before Christmas ...
Over $10M in Cultural Relief Grants were distributed to local artistes and creatives just in time for Christmas.
According to a press release from the Ministry of Tourism, Culture and the Arts, $5000 one time payments were given to those who lost income during the Covid-19 pandemic.
Some of these artistes included Chutney singer, Nishard Mayrhoo otherwise known as Nishard M, Soca artiste Kimba Sorzano and musician Vaughnette Bigford.
According to Minister of Tourism, Culture and the Arts, Randall Mitchell: “The Government through the Cabinet took a decision to extend a helping hand to this sector. We understood the impact of the pandemic on those individuals involved in culture and the arts, and we felt it was important to be compassionate during this difficult period.”
Mayrhoo said: “This year has been especially difficult for persons in the creative industry as revenue streams have almost dried up.” The Grant, he said, helped artistes like himself.
He described the application process as surprisingly easy and straightforward and encouraged others who qualify for the grant to apply and access it.
Comedian and entertainer, Kess Ramsey also received a grant and urged others in his industry to ‘capitalize on this opportunity’.
Sorzano said: “I will urge every artiste to reach out and utilise this opportunity, even if it is to pivot.”
He added that though it was a small sum, he was grateful for the assistance.
Bigford also said it has been a difficult time for creatives but was also grateful to the Government for the assistance. According to the release, “To date 2,152 persons received the Cultural Relief Grant, while an additional 520 persons have been approved and are awaiting their grant cheques. This will increase the total disbursement to date to over $13M. Applications have been received from an additional 550 artistes and creatives and are currently being processed. GoRTT approved and allocated a maximum of $25M for disbursement under this relief measure.”
Deadline for recipient to collect their grants have been extended to December 31.
The Treasury empty but the wicked govt spending money on some of the hardest hit citizens of the pandemic?
Would you say the same of the $10 million spent on bar owners too?
zoom rader wrote:^^^ More and more tuners are making Redman out to be a racist .
Another racist arse to the mixrandolphinshan wrote:zoom rader wrote:^^^ More and more tuners are making Redman out to be a racist .
And you to be a total dunce
Ask elite he normaly gets the catering contracssMASH wrote:what snacks they sponsored at whitehall for christmas?
oreos
Habit7 wrote:Rovin wrote:https://trinidadexpress.com/newsextra/10-million-for-suffering-local-artistes-before-christmas/article_e810b69e-4539-11eb-a9b1-ffeafebdbf1c.html?fbclid=IwAR1xP1hPMfv31w7EfFUBbOk7yfm7iNTY5J70BXURlgrLG_LJAUDJ3l-fXIw#utm_campaign=blox&utm_source=facebook&utm_medium=social
$10 million for suffering local artistes, before Christmas ...
Over $10M in Cultural Relief Grants were distributed to local artistes and creatives just in time for Christmas.
According to a press release from the Ministry of Tourism, Culture and the Arts, $5000 one time payments were given to those who lost income during the Covid-19 pandemic.
Some of these artistes included Chutney singer, Nishard Mayrhoo otherwise known as Nishard M, Soca artiste Kimba Sorzano and musician Vaughnette Bigford.
According to Minister of Tourism, Culture and the Arts, Randall Mitchell: “The Government through the Cabinet took a decision to extend a helping hand to this sector. We understood the impact of the pandemic on those individuals involved in culture and the arts, and we felt it was important to be compassionate during this difficult period.”
Mayrhoo said: “This year has been especially difficult for persons in the creative industry as revenue streams have almost dried up.” The Grant, he said, helped artistes like himself.
He described the application process as surprisingly easy and straightforward and encouraged others who qualify for the grant to apply and access it.
Comedian and entertainer, Kess Ramsey also received a grant and urged others in his industry to ‘capitalize on this opportunity’.
Sorzano said: “I will urge every artiste to reach out and utilise this opportunity, even if it is to pivot.”
He added that though it was a small sum, he was grateful for the assistance.
Bigford also said it has been a difficult time for creatives but was also grateful to the Government for the assistance. According to the release, “To date 2,152 persons received the Cultural Relief Grant, while an additional 520 persons have been approved and are awaiting their grant cheques. This will increase the total disbursement to date to over $13M. Applications have been received from an additional 550 artistes and creatives and are currently being processed. GoRTT approved and allocated a maximum of $25M for disbursement under this relief measure.”
Deadline for recipient to collect their grants have been extended to December 31.
The Treasury empty but the wicked govt spending money on some of the hardest hit citizens of the pandemic?
Would you say the same of the $10 million spent on bar owners too?
De Dragon wrote:The same amount for a few "artistes" vs thousands of bar owners/employees? LFRFD PNM maths again.
Bigford also said it has been a difficult time for creatives but was also grateful to the Government for the assistance. According to the release, “To date 2,152 persons received the Cultural Relief Grant, while an additional 520 persons have been approved and are awaiting their grant cheques.
Habit7 wrote:De Dragon wrote:The same amount for a few "artistes" vs thousands of bar owners/employees? LFRFD PNM maths again.
You seriously cant read you knowBigford also said it has been a difficult time for creatives but was also grateful to the Government for the assistance. According to the release, “To date 2,152 persons received the Cultural Relief Grant, while an additional 520 persons have been approved and are awaiting their grant cheques.
Bar employees have already received monies under the unemployment relief grants. The PM announced a further $10M for them recently.
Spend less time beating up and creating nicknames only you alone know and read for a change.
De Dragon wrote:Habit7 wrote:De Dragon wrote:The same amount for a few "artistes" vs thousands of bar owners/employees? LFRFD PNM maths again.
You seriously cant read you knowBigford also said it has been a difficult time for creatives but was also grateful to the Government for the assistance. According to the release, “To date 2,152 persons received the Cultural Relief Grant, while an additional 520 persons have been approved and are awaiting their grant cheques.
Bar employees have already received monies under the unemployment relief grants. The PM announced a further $10M for them recently.
Spend less time beating up and creating nicknames only you alone know and read for a change.
Justification using LFRFD PNM numbers? Seems about right for sheepish lemmings like yourself.
Is there somewhere this list of "artistes" can be accessed ? Bar owners went through many hoops before they were even taken on by LFRFD PNM GORTT, so the criteria to be considered an artiste would be interesting to know.
Habit7 wrote:De Dragon wrote:Habit7 wrote:De Dragon wrote:The same amount for a few "artistes" vs thousands of bar owners/employees? LFRFD PNM maths again.
You seriously cant read you knowBigford also said it has been a difficult time for creatives but was also grateful to the Government for the assistance. According to the release, “To date 2,152 persons received the Cultural Relief Grant, while an additional 520 persons have been approved and are awaiting their grant cheques.
Bar employees have already received monies under the unemployment relief grants. The PM announced a further $10M for them recently.
Spend less time beating up and creating nicknames only you alone know and read for a change.
Justification using LFRFD PNM numbers? Seems about right for sheepish lemmings like yourself.
Is there somewhere this list of "artistes" can be accessed ? Bar owners went through many hoops before they were even taken on by LFRFD PNM GORTT, so the criteria to be considered an artiste would be interesting to know.
You don't need any list, your poisoned, errant, illiterate mind already blathered your conclusion.
Don't try to find the evidence to justify it in the first place.
Habit7 wrote:I know you don't read what you comment on but the article lists Chutney singer, Nishard Mayrhoo. He is the son of Doodnath Mayrhoo, longstanding UNC Councillor and political activist. But facts, information and context like this is impervious to you. You must beat up and type gibberish and call other ppl sheep based on your substantiated opinions.
The list of names of this artise needs to published.De Dragon wrote:Habit7 wrote:De Dragon wrote:Habit7 wrote:De Dragon wrote:The same amount for a few "artistes" vs thousands of bar owners/employees? LFRFD PNM maths again.
You seriously cant read you knowBigford also said it has been a difficult time for creatives but was also grateful to the Government for the assistance. According to the release, “To date 2,152 persons received the Cultural Relief Grant, while an additional 520 persons have been approved and are awaiting their grant cheques.
Bar employees have already received monies under the unemployment relief grants. The PM announced a further $10M for them recently.
Spend less time beating up and creating nicknames only you alone know and read for a change.
Justification using LFRFD PNM numbers? Seems about right for sheepish lemmings like yourself.
Is there somewhere this list of "artistes" can be accessed ? Bar owners went through many hoops before they were even taken on by LFRFD PNM GORTT, so the criteria to be considered an artiste would be interesting to know.
You don't need any list, your poisoned, errant, illiterate mind already blathered your conclusion.
Don't try to find the evidence to justify it in the first place.
That's the LFRFD PNM version of the Jedi mind trick? If so, it's as lame as your constant, feeble excuses for your cult, and your slavish devotion to it and its God JUHN Scarfy. I suspect that you personally know several of these "artistes" who defrauded the nation, since kants tend to move in packs.
So what if he is UNC , he could be a chimpanzee for all I careHabit7 wrote:I know you don't read what you comment on but the article lists Chutney singer, Nishard Mayrhoo. He is the son of Doodnath Mayrhoo, longstanding UNC Councillor and political activist. But facts, information and context like this is impervious to you. You must beat up and type gibberish and call other ppl sheep based on your substantiated opinions.
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