Inniss wants clear-cut levy (by nationnews)

MINISTER OF INDUSTRY, International Business, Commerce and Small Business Development Donville Inniss says he wants to clear up concerns members of the business community have about the controversial National Social Responsibility Levy.

During a sometimes contentious meeting between manufacturers and officials of the Barbados Revenue Authority (BRA) yesterday in the Barbados Investment & Development Corporation (BIDC) offices on Harbour Road, St Michael, Inniss pledged to sit down with Minister of Finance Chris Sinckler to “go back to the drawing table” and iron out any discrepancies.

“I was part of the team that would have passed the Budgetary Proposals in August. The challenge right now is implementing [the levy] and listening to you here and to others. There is quite a bit of confusion and where there is confusion, we have a duty to find a solution.” (CA)

Businesses need clarity now on Social Responsibility Levy - article from loopnews