High turn out for Tax Amnesty program In other news, small business owners and entrepreneurs turned out today to take advantage of the Tax Amnesty program that was launched earlier this week by the Belize Tax Service. They have included the program as a service under their MSME road show, and some of those who went in to apply today got their certificates of approval. Jomarie Lanza has this story. The MSME road show travels to the Corozal Civic Center tomorrow. | 7 News Belize
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High turn out for Tax Amnesty program In other news, small busi…
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Placencia Businesses Say The Tax Man Came Like A Thief In The Night Last night we told you about the small businesses in Placencia who are speaking out after the Belize Tax Service served them with some hefty fines. Tonight, Jomarie Lanza has the full story: . . . We reached out to the director general for the Belize Tax Service, Michelle Longsworth for comment about the complaints. She says, quote, “Our recent operations specifically targeted GST infractions. Many of these businesses have been
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Belize Tax Services Coming For Defaulters On Friday, the Belize Tax Service published a list of businesses and individuals who have major tax arrears: business tax, GST and P.A.Y.E. The figures range from a few thousand dollars for a tortilla factory to many millions of dollars for a fishing cooperative. But it’s more than just not paying - they say these entities have been non-compliant despite numerous efforts to work with them. The director general explained via Zoom that this is only the fir
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Belize Tax Service Resists Proposed Transition To SARA The employees of the Belize Tax Service are warily resisting the proposed transition of this government department into a semi-autonomous revenue authority, or SARA - basically a statutory board. The Public Service Union got the news on July 16th during a meeting they had with the Ministry of Finance, the Ministry of Public Service, and the BTS. But, tonight, the president of the PSU is saying that consultations were not done before this mov
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𝐁𝐞𝐥𝐢𝐳𝐞 𝐓𝐚𝐱 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐩𝐨𝐬𝐭𝐬 𝐥𝐢𝐬𝐭 𝐨𝐟 𝐓𝐚𝐱 𝐃𝐞𝐟𝐚𝐮𝐥𝐭𝐞𝐫𝐬! 𝐓𝐞𝐥𝐥𝐬 𝐭𝐡𝐞𝐦 𝐭𝐨 𝐩𝐚𝐲 𝐮𝐩! Today, the Belize Tax Service posted the names of thirty-five businesses, who they say have been defaulting on their taxes. The list is filled with well-known businesses: Paulino’s Funeral Home, The Reporter Press, Confetti's Grand Limited, Body 2000, Andrew Munnings Funeral Services, among others, each failing to pay various amounts to the Belize Tax Services. The lar
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𝐁𝐞𝐥𝐢𝐳𝐞 𝐓𝐚𝐱 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐩𝐨𝐬𝐭𝐬 𝐥𝐢𝐬𝐭 𝐨𝐟 𝐓𝐚𝐱 𝐃𝐞𝐟𝐚𝐮𝐥𝐭𝐞𝐫𝐬! 𝐓𝐞𝐥𝐥𝐬 𝐭𝐡𝐞𝐦 𝐭𝐨 𝐩𝐚𝐲 𝐮𝐩! Today, the Belize Tax Service posted the names of thirt…
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**𝐆𝐨𝐯’𝐭 𝐋𝐚𝐮𝐧𝐜𝐡𝐞𝐬 𝐓𝐚𝐱 𝐀𝐦𝐧𝐞𝐬𝐭𝐲 𝐟𝐨𝐫 𝐌𝐒𝐌𝐄𝐬** #CatchItFirstOnLove Micro, small and medium-sized (MSME) businesses can now capitalize on a tax forgiveness period as announced this afternoon by the Office of the Prime Minister. The program provides MSMEs operating in Belize with an opportunity to formalize their business through the BTS. Once registered, businesses will benefit from a one-year exemption from business tax and will not be liable for any accrued penalties or
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**𝐆𝐨𝐯’𝐭 𝐋𝐚𝐮𝐧𝐜𝐡𝐞𝐬 𝐓𝐚𝐱 𝐀𝐦𝐧𝐞𝐬𝐭𝐲 𝐟𝐨𝐫 𝐌𝐒𝐌𝐄𝐬** #CatchItFirstOnLove Micro, small and medium-sized (MSME) b…
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For simplicity, Longsworth gave a detailed breakdown of how the deductions have been adjusted with the new formula. #Belize #Taxes #Economy #LoveFM #LoveFMBelize #BelizeNews
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** 𝐁𝐞𝐥𝐢𝐳𝐞 𝐓𝐚𝐱 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐂𝐨𝐦𝐢𝐧𝐠 𝐀𝐟𝐭𝐞𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐓𝐡𝐚𝐭 𝐎𝐰𝐞 ** #CatchItFirstOnLove The Belize Tax Services (BTS) is turnin…
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𝗕𝗲𝗹𝗶𝘇𝗲 𝗖𝗶𝘁𝘆 𝗖𝗼𝘂𝗻𝗰𝗶𝗹'𝘀 𝟮𝟬𝟮𝟱 𝗣𝗿𝗼𝗽𝗲𝗿𝘁𝘆 𝗧𝗮𝘅 𝗜𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲 𝗣𝗮𝗰𝗸𝗮𝗴𝗲! 🏠 Payments can be made conveniently at City Hall or online…
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