Category: BHA News
Prime Minister Announces 7.5% VAT Rate
Effective Date January 1, 2015
· Lower Rate Welcome and Extends to Lowering of Room Tax
· BHTA Following Up on Outstanding Issues Impacting Competitiveness
· Draft Legislation to be Released in Coming Weeks
Prime Minister Christie announced yesterday in his annual budget communication that Government will introduce Value Added Tax at 7.5%, down from the 15% originally proposed. The 10 percent hotel room tax, which will convert to a VAT, will be reduced to 7.5% as well. The legislation will come into effect on January 1, 2015. The draft legislation will be shared with BHTA members for feedback.
Thank You and Update Re: National Culinary Team
We would like to offer our sincere thanks for your continued support of our National Culinary Team, as they continue to prepare to compete at Taste of the Caribbean in Miami at the end of June
Update
By way of an update, The Team has been working diligently; perfecting their culinary, cocktail and ice sculpture creations. This has manifested into the most delicious creations, those of us who have had the privilege of sampling, have ever tasted. Their work truly exemplifies the incredible talent we have in The Bahamas.
Mentoring
The National Team has also made an outreach to the Junior Chefs who are currently studying at the College of The Bahamas’, Culinary & Hospitality Management Institute. The Chefs have recently conducted a number of mentoring sessions with the students.
This process has been embraced by the students and team members alike as the junior chefs have been able to work side by side with the elite chefs. The young chefs endeavor to learn from the National Culinary Team, connect with them and truly see first-hand what the future holds if they aspire to achieve the same level of excellence.
Bank of The Bahamas Supports National Culinary Team
The 2014 National Culinary Team will now be cashless at the Taste of the Caribbean Competition…..but that’s a good thing!!
(Bank of The Bahamas Limited) has provided the chefs, bartender and ice carver with a beautifully illustrated Prepaid BOB Card which will be pre-loaded with funds that the Culinary Team will be able to use during their stateside stay.
…Oxford Economics: Payroll Tax Best For Tourism
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Bahamas Appoints New Director General of Tourism
The Minister of Tourism Obie Wilchombe confirms the appointment of Joy Ann Jibrilu as the new Director General of Tourism, replacing thirty year Tourism veteran, David Johnson who will become the new Chief Executive Officer of the Hotel Corporation of The Bahamas and lead that organization’s transition to the Tourism Development Corporation.
