SBA chief executive officer upset over tax changes

Chief executive officer of the Small Business Association (SBA) Lynette Holder has expressed outrage at changes to the Municipal Solid Waste Tax.

SBA Chief executive officer Lynette Holder
SBA chief executive officer Lynette Holder

An upset Holder told Barbados TODAY that Cabinet’s decision to push back the payment deadline to year end was akin to extending the time of burial of the small business sector.

“The issue really isn’t when the tax will be paid. The issue, and the substantive issue, is how will the tax be paid? How, in the end, will persons be able to afford to pay an additional tax. That is the issue. So even if you extend it until next year the point remains that people just do not have the wherewithal to carry another tax. So all you are really doing is really delaying the coffin being placed in the grave,” said Holder.

Last week, the SBA CEO described the tax as “another nail in the coffin” of the small and medium enterprises (SME) sector in Barbados. Today, she issued a fresh call for the tax to be fully revised.

“It needs to be reviewed within the context of the current burden being placed on the population of Barbados relative to taxation, relative to the imposition of additional burdens on people. I cannot say to my small hotels that receive a tax bill of $5,000 or $10,000 ‘well, the Government is now saying that you could pay it at the end of the year’ when they just do not have the wherewithal to carry any further taxes’. That is the issue,” said Holder.

“It is really burdensome to carry another tax with receipts down as they are. If people do not understand it in English, then I need to say it in Spanish, Es no
es cuando, es como, because this has gone now really beyond comprehension extending this deadline and they really think that that is the solution to the issue. Es no es cuando, es como,” lamented Holder.

4 Responses to Outrage!

  1. Francis McClean
    Francis McClean July 18, 2014 at 10:45 pm

    The outcome of this tax was predictably transparent. How come the bigger heads did not see it when it was conceive. Why in God’s name, they still gave birth to it is beyond me.

  2. Miguel Carlos Jose Humphrey
    Miguel Carlos Jose Humphrey July 19, 2014 at 12:15 am

    They need to demolish it, before it spawns more offspring.

  3. Frederick Alleyne
    Frederick Alleyne July 19, 2014 at 4:44 am

    Barbadians should ignore these so called changes to this Tax and continue calls for its repeal. The changes create more confusion.

  4. Adrian Loveridge July 19, 2014 at 7:12 am

    Clearly yet another tax not thought through and from a tourism perspectiveand imposed at the worse time of the year. 2013 recorded the lowest long stay visitor arrivals during the last 11 consecutive years and so far in 2014 we have not caught up with the same period last year. The $8,714 that we will be forced to pay could have been spent on marketing with a ROI (return on investment) of 10:1 and this BEFORE a single one of the TEN POINT TOURISM plan announced in July 2013 has has been implemented or the same concessions granted to Sandals also applied to other tourism partners.


Leave a Reply

Your email address will not be published. Required fields are marked *