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Usual page taken right out the red government book, also we still have no money to fix roads but rest assured they have more money to theif nowRovin wrote:what u want to bet they will say that $ is to keep all d public servants employed & not send home anybody or dise d 4% they offering in salary increase
so d country will not see any physical benefits from all of that $$$ ...
hover11 wrote:Usual page taken right out the red government book, also we still have no money to fix roads but rest assured they have more money to theif nowRovin wrote:what u want to bet they will say that $ is to keep all d public servants employed & not send home anybody or dise d 4% they offering in salary increase
so d country will not see any physical benefits from all of that $$$ ...
RedVEVO wrote:hover11 wrote:Usual page taken right out the red government book, also we still have no money to fix roads but rest assured they have more money to theif nowRovin wrote:what u want to bet they will say that $ is to keep all d public servants employed & not send home anybody or dise d 4% they offering in salary increase
so d country will not see any physical benefits from all of that $$$ ...
They can plunder on credit !
But more important is Guyana for the PNM
Ironically President SENT on vacation and PNM Cinderella ready to wine and dine the Guyanese peeps
https://guardian.co.tt/news/president-a ... 95143112d8
If it does not benefit the small man then it is off no use.wing wrote:Heritage pays $832M in tax for first six months
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less than hour ago
Tue Aug 16 2022
Heritage Petroleum
RISHI RAGOONATH
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Joel Julien
joel.julien@guardian.co.tt
Heritage Petroleum has paid $832 million in taxes for the first six months of the 2022 financial year which ended March 31, and in the process reduced its after tax profit when compared to the same period last year.
The $823 million was an increase of $816 million from the comparative period last year when $15.97 million was paid.
“These allowances, which were previously available due to the vesting of the Exploration and Production assets in 2018 from Petrotrin, are now no longer available as a deduction against profits.
“As a result, Heritage is now subject to an increased income tax expense of $832 million compared to $16 million in the same period for 2021,” Heritage’s chairman Michael Quamina noted.
Heritage recorded a 50 per cent increase in revenue over the comparative period.
Revenue for the six months period ended March 31 was $4.5 billion.
“Contributing $2.3 billion in Supplementary Petroleum Tax, Petroleum Profits Tax, royalties and levies to the Government of T&T due and payable for the period (2021: $321 million). This brings the total contribution to the national treasury to $6 billion since Heritage began operations on December 1, 2018,” Quamina stated.
Quamina noted the first six months of fiscal 2022 show that Heritage continues to generate significant value by executing its strategy and delivering strong results in a disciplined financial framework.
No matter how much revenue this government gains it doesn't even feel like it's trickling to the people of T&T.Kickstart wrote:If it does not benefit the small man then it is off no use.wing wrote:Heritage pays $832M in tax for first six months
by
less than hour ago
Tue Aug 16 2022
Heritage Petroleum
RISHI RAGOONATH
ADVERTISEMENT
Powered by
Joel Julien
joel.julien@guardian.co.tt
Heritage Petroleum has paid $832 million in taxes for the first six months of the 2022 financial year which ended March 31, and in the process reduced its after tax profit when compared to the same period last year.
The $823 million was an increase of $816 million from the comparative period last year when $15.97 million was paid.
“These allowances, which were previously available due to the vesting of the Exploration and Production assets in 2018 from Petrotrin, are now no longer available as a deduction against profits.
“As a result, Heritage is now subject to an increased income tax expense of $832 million compared to $16 million in the same period for 2021,” Heritage’s chairman Michael Quamina noted.
Heritage recorded a 50 per cent increase in revenue over the comparative period.
Revenue for the six months period ended March 31 was $4.5 billion.
“Contributing $2.3 billion in Supplementary Petroleum Tax, Petroleum Profits Tax, royalties and levies to the Government of T&T due and payable for the period (2021: $321 million). This brings the total contribution to the national treasury to $6 billion since Heritage began operations on December 1, 2018,” Quamina stated.
Quamina noted the first six months of fiscal 2022 show that Heritage continues to generate significant value by executing its strategy and delivering strong results in a disciplined financial framework.
RedVEVO wrote:hover11 wrote:Usual page taken right out the red government book, also we still have no money to fix roads but rest assured they have more money to theif nowRovin wrote:what u want to bet they will say that $ is to keep all d public servants employed & not send home anybody or dise d 4% they offering in salary increase
so d country will not see any physical benefits from all of that $$$ ...
They can plunder on credit !
But more important is Guyana for the PNM
Ironically President SENT on vacation and PNM Cinderella ready to wine and dine the Guyanese peeps
https://guardian.co.tt/news/president-a ... 95143112d8
What else can be done to mitigate crime atm? We have reached a point where a small country like this is on a path to have 600 murders annually. Don't be desensitized that's not normal.shake d livin wake d dead wrote:Exactly why do we need a SOE^?
We need to bring back the death penalty.Thats all there is to it.hover11 wrote:What else can be done to mitigate crime atm? We have reached a point where a small country like this is on a path to have 600 murders annually. Don't be desensitized that's not normal.shake d livin wake d dead wrote:Exactly why do we need a SOE^?
Y?shake d livin wake d dead wrote:Allyuh ever wonder why they rush to "pave" parts of the road coming from the airport???
Let me tell you exactly why bringing back the death penalty is a stupid idea. Besides the fact it takes years of appeals before it can be successfully carried out, how you killing criminals when you can't even catch them?timelapse wrote:We need to bring back the death penalty.Thats all there is to it.hover11 wrote:What else can be done to mitigate crime atm? We have reached a point where a small country like this is on a path to have 600 murders annually. Don't be desensitized that's not normal.shake d livin wake d dead wrote:Exactly why do we need a SOE^?
I'm not in support of any discomfort, if its one thing covid made blatantly apparent is the notion we all in this ship together is no way accurate! We in the same ocean at besthover11 wrote:It's one of two things is either crime and murders escalate even further and we carry about our daily lives as normal or some type of intervention occurs where yes we may face some discomfort but at least murders will decrease.
coltspeed wrote:Y?shake d livin wake d dead wrote:Allyuh ever wonder why they rush to "pave" parts of the road coming from the airport???
Well then we apply the adage who dead dead when it comes to murders as well and carry about our lives.nemisis wrote:I'm not in support of any discomfort, if its one thing covid made blatantly apparent is the notion we all in this ship together is no way accurate! We in the same ocean at besthover11 wrote:It's one of two things is either crime and murders escalate even further and we carry about our daily lives as normal or some type of intervention occurs where yes we may face some discomfort but at least murders will decrease.
hover11 wrote:Well then we apply the adage who dead dead when it comes to murders as well and carry about our lives.nemisis wrote:I'm not in support of any discomfort, if its one thing covid made blatantly apparent is the notion we all in this ship together is no way accurate! We in the same ocean at besthover11 wrote:It's one of two things is either crime and murders escalate even further and we carry about our daily lives as normal or some type of intervention occurs where yes we may face some discomfort but at least murders will decrease.
shake d livin wake d dead wrote:Last Soe geared towards "fighting crime" only resulted in the country paying $$ to criminals! A soe only temporarily disrupts activities (for eg, the last covid soe). Everything goes back to normal eventually.
Understand something also.Criminals are doing whatever they want because there are no real consequences for them.Jail is a lime with their friends,on the taxpayers dime.nemisis wrote:Let me tell you exactly why bringing back the death penalty is a stupid idea. Besides the fact it takes years of appeals before it can be successfully carried out, how you killing criminals when you can't even catch them?timelapse wrote:We need to bring back the death penalty.Thats all there is to it.hover11 wrote:What else can be done to mitigate crime atm? We have reached a point where a small country like this is on a path to have 600 murders annually. Don't be desensitized that's not normal.shake d livin wake d dead wrote:Exactly why do we need a SOE^?
hover11 wrote:Hinds must resign
Mother of murdered businessman:
I want my Prime Minister to know that I love you dearly, Mr Prime Minister but you are not doing right,” Luthra said before mourners at the family’s Lange Park, Chaguanas, home.This is not a political gathering, I am not standing on a political stage. I am sending my son away and I want to tell Mr Fitzgerald Hinds, you should resign if you cannot do your work properly. You should give in your resignation. Don’t sit and do anything and blame this one and blame that one. We do not want statistics. We do not want numbers. We do not play the numbers game. We want to be in love and we want this country to fall back in love.”
https://trinidadexpress.com/news/local/ ... 05da3.html
She sounds very stupid and biased, you vex at Hinds but giving his boss a free pass? Hinds cannot call a SOE by himself .....
hover11 wrote:Max where you
'WE FED UP OF THE PNM!"
Some residents of Point Fortin staged a road block protest in the community that began before daybreak today, to bring attention to the deplorable road conditions. They want the intervention of the prime minister.
Video: Express Photojournalist Trevor Watson
https://fb.watch/f3oJivcNvR/
I thought this is a PNM stronghold....
Max not being chauffeured up and down the point fortin freeway by His Excellency?hover11 wrote:Max where you
'WE FED UP OF THE PNM!"
Some residents of Point Fortin staged a road block protest in the community that began before daybreak today, to bring attention to the deplorable road conditions. They want the intervention of the prime minister.
Video: Express Photojournalist Trevor Watson
https://fb.watch/f3oJivcNvR/
I thought this is a PNM stronghold....
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