Audley Shaw, Finance Minister presents his 2016/17 Budget in Parliament today May 12, 2016.
It was a packed Parliament, with students, Diplomatic Community, Journalists and other members of the public.
It was a splendid presentation, comical, factual and eloquently delivered by Finance Minister Audley Shaw.
“IMF had concerns about the implementation of 1.5 tax relief.”
.”I am announcing a 1.5 million of tax relief to all across the board” 13.778 bil in Revenue Increase to help fund Income Tax benefit.
Also those earning $J6 mil up will end up paying 27 percent an effective increase of 2 percent.
Revenue Package
LPG Special tax , Cigarettes tax, departure tax US$35.00, Special Tax J$7 .00.
Hopeton O’Connor-Dennie is Senior International Correspondent & Photojournalist for Vision Newspaper Canada.