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Hotel News

BHTA Urging Businesses to Register for VAT Now to Avoid Problems

Tourism-related businesses are being urged to become VAT registered now to avoid potential problems by waiting until the November 30th deadline.

The Bahamas Hotel and Tourism Association cautioned businesses during recent VAT readiness workshops in Bimini, Cat Island, Long Island, Exuma and Abaco to avoid the mass rush anticipated by delaying registration.
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Hotel News

Abaco, Exuma Tourism-Related Businesses Prep For VAT

· BHTA, Ministry of Finance Welcome Ministry of Tourism Support for VAT Readiness Training

· Family Island Sessions Reinforce Industry Concerns On Need to Address Prepaid Business and Foreign Dive and Charter Operator Concerns

· Hotel and Restaurant Participants in All Sessions Wish to See VAT Exclusive Pricing Permitted on Menus with Notation That VAT Will Be Applied

· Bahamas Property Management Firms Fear More Vacation Home Rentals Will Escape Taxes; Firms to Be Impacted Call for Level Playing Field

VAT readiness training for the tourism industry moved into the Family Islands last week as nearly 100 participants attended the intensive VAT Readiness and Registration workshops on Abaco and Exuma being conducted by the Ministry of Finance and facilitated by the Bahamas Hotel and Tourism Association in cooperation with the Ministry of Tourism.

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