BVI INTERNATIONAL TAX AUTHORITY MEETS WITH FINANCIAL SERVICES INDUSTRY TO ENSURE INTERNATIONAL COMPLIANCE

The British Virgin Islands (BVI) International Tax Authority (ITA) Director met with the financial services industry to discuss new legislative updates and compliance with international standards for tax purposes. ITA Director LaToya James spoke at the BVI Finance Breakfast Forum on 21 July where she explained the ITA’s role and provided context on the recent … Continued

PREMIER WHEATLEY IN UNITED KINGDOM ON OFFICIAL BUSINESS

Premier and Minister of Finance Dr. the Honourable Natalio D. Wheatley is currently away from the Territory on an official visit to the United Kingdom (UK). While in the UK, Premier Wheatley will be engaged in a series of meetings with Chairman of the BVI All Party Parliamentary Group, Mr. James Sunderland MP; a discussion … Continued

HEALTH PROFESSIONALS WARN RESIDENTS AGAINST USING FAD DIETS

As residents prepare to partake in festival activities, the Ministry of Health is urging persons to be conscious and careful of the measures they are willing to undertake to achieve the ideal “summer body”. Speaking on a recent installment of “Health Bytes”, National Epidemiologist Harmonie Brewley-Massiah said that in the summer months, health professionals bemoan … Continued

GOVT AND BVIEC IN ACTIVE DISCUSSIONS ON SOLUTIONS TO EASE THE HIGH ELECTRICITY BILLS

The government of the Virgin Islands is in active discussions with the BVI Electricity Corporation (BVIEC) and other relative stakeholders to decide what measures can be taken to ease the high electricity bills being faced by residents. Premier Dr. the Honourable Natalio Wheatley who is also the minister responsible for electricity made the disclosure in … Continued

$1.7 MILLION WASTEWATER TREATMENT PLANT COMMISSIONED IN CANE GARDEN BAY

The Cane Garden Bay Wastewater Treatment Plant was recently commissioned during a ribbon-cutting ceremony featuring Deputy Premier and Minister for Communications and Works Honourable Kye Rymer. It is intended that the treatment plant, valued at $1.7 million, will help to address issues surrounding sewerage management in the Cane Garden Bay area. On the occasion of … Continued

TAX CUT ON REMITTANCE SERVICES – FROM 7% TO 3.5%

Residents utilising remittance services have been given an ease by the Government of National Unity after the Cabinet decided to cut the previous stipulated 7 percent tax by half. This was announced by the Premier and Minister of Finance Dr. the Honourable Natalio Wheatley during a recent press conference. He said by reducing the tax … Continued

SYNERGY AND PIRATES WILL BE AIMING TO WRAP UP THE PLAYOFF SERIES THIS EVENING – BOTH WITH 1 OF 3

Synergy and Pirates will be looking to book their tickets to the finals of the 2022 Terrence ‘Chino’ Chinnery Fastpitch Softball League this evening after both teams narrowly won games one of their playoff series on Friday. It took the unbeaten Synergy eight innings to gain the 14-13 victory against Lady Hawks in the best … Continued