TCI News
Premier sets record straight, no write offs, beneficiaries revealed
#TurksandCaicosIslands – March 7, 2019 –
On February 18th, the following Bills were read in the House of Assembly for the first time and it was publicly announced that the Debate would take place on March 4th and 5th :
The Hotel Tourism and Restaurant Taxation Bill (HRTT) which provided an overhaul to the Law passed since 1985 allowing for a modernization of the law and a strengthening of the collection of taxes;
The HRTT (Amnesty) Bill which allowed for an Amnesty commencing April 1st and allowing for a waiver of all penalties and payable on any outstanding taxes due and payable under the Hotel, Restaurant and Tourism (Taxation) Ordinance for the years up to and including the year ending 31 March 2019.
The HRTT (Validation) Bill which sought to ratify past actions.
Regrettably not all persons were able to hear the Debate in the House of Assembly where three serving former Ministers quite adequately shared their thoughts on why we were where we are today.
Of particular concern was the Amnesty Bill that offers relief to 41 local and expatriate owned Businesses. I offer again the following facts as stated during the Debate:
There has been NO WRITE OFF OF TAXES for any Business.
Financial Implications
There are currently 41 establishments that are in arrears position of which 7 have been refferred to AG Chambers, 15 have paid the entire principal amount but not the interest (not accruing), and 19 have made no payments. (interest accruing).
Of the 19 businesses, Beaches TCI and Club Med collectively account for 96% of the amount outstanding. Should these businesses opt to benefit from the Amnesty, $28,638,820 of principal will be collected and $85,191,912 in interest will be forfeited.
Total amounts in arrear of principal and interest are $29,684,123 and $89,147,690 respectively as at January 31, 2019.
On the matter of Beaches, three former Ministers of Finance currently serving correctly summed up the situation as it relates to Beaches. Hon Derek Taylor spoke to the fact that the actions should be considered for what it is: a cleaning up exercise; Hon Royal Robinson offered that it was a matter that the issue has run on so long and now the “chickens have come home to roost and certain adjustments must be made” and Hon Washington Misick stated that he believe that this was a genuine oversight by all Governments: PDM and PNP since 1997. I agree with all save for the fact that I have every reason to believe that the immediate past Minister of Finance had knowledge of this matter and in fact his Party has issued a Release saying that he commissioned the Audit that revealed the Findings. The Audit covered September 2014 – August 2016 and it revealed that though Beaches and successive Governments operated on the understanding that it should pay 60% of the 12% tax, there was no written evidence save a letter written by Hon Washington Misick in 2014 confirming this to be the practise. Despite the findings revealing the oversight on the part of all successive governments, my Government has requested the payment of the full 100% of taxes for this period. I wish to thank the Revenue Control Unit for its work. In addition I wish to assure the public that Beaches and Club Med continues to pay its monthly taxes before the statutory deadline.
As it relates to Club Med, who since its opening has been allowed to pay 40% of the 12% tax under a Development Agreement. This Development Agreement has since expired and the former Administration had continued to collect under the same rate under the expired Agreement.
To this end, the Revenue Control Unit had to asssess both establishments on 100% and this is the matter before us.
Only Penalties are proposed to be written off. Penalties under the current Ordinance calculates monthly at 10% compounded. For an amount outstanding of $29,684,123, the total penalties are $89,147, 690. To be clear all businesses owing under this Audit are now attracting 240% in interest/penalty on the original taxes owed. As an example if a business owes $10,000 in taxes, it now attracts a penalty/interest of $38,000.00 for the Audit period. While penalties have been put in place to deter late payments, we believe the rate of 10% compounded monthly was too onerous and have reduced the rate and how it is calculated going forward under the new Ordinance passed on Monday.
I wish to confirm that local businesses will benefit under this Amnesty. Despite there being no request by the Opposition for a list of proposed beneficiaries, I now release the list of businesses that stand to benefit under the Amnesty Program and encourage them to take advantage of the offer that allows payment plans for up to 2 years. I appeal especially to locally owned businesses that have popular standing. We are more than happy to be able to provide such an opportunity.
PRESS RELEASE
MINISTRY OF HEALTH & HUMAN SERVICES
Providenciales, Turks and Caicos Islands, 25 April 2024 – The Ministry of Health and Human Services is issuing a public advisory regarding a recent increase in chicken pox cases, particularly within school communities in the regions of Grand Turk and Providenciales. The Ministry is actively monitoring the situation and is working closely with affected schools to provide support and education aimed at preventing further spread of the virus.
Chicken pox, caused by the varicella-zoster virus, is a highly contagious infection characterized by a distinctive rash of itchy red spots or blisters. Transmission occurs via droplets, aerosols, or direct contact with respiratory secretions, and almost always produces clinical disease in susceptible individuals. While mostly a mild disorder in childhood, varicella tends to be more severe in adults. It may be fatal, especially in neonates and in immunocompromised persons. The Ministry urges parents, teachers, and the general public to remain vigilant and familiarize themselves with the signs and symptoms of chicken pox, which may include:
- Rash: The primary symptom of chicken pox is a rash that typically begins as small red spots, which then develop into fluid-filled blisters over several days.
- Fever: Children with chicken pox may experience a mild to moderate fever, often preceding the appearance of the rash.
- Fatigue: Some individuals may feel generally unwell, tired, or lethargic.
- Loss of Appetite: A decreased desire to eat may accompany other symptoms of chicken pox.
Management aims to relieve symptoms and reduce the risk of complications and may include:
- drinking plenty of fluid (try popsicles if your child is not drinking) to avoid dehydration.
- taking paracetamol to help with pain and discomfort.
- cut your child’s fingernails and put socks on their hands at night to stop them scratching.
- use cooling creams or gels e.g. Calamine lotion
- speak to your health care provider about using antihistamine medicine to help itching.
- bathe in cool water and pat the skin dry (do not rub)
- dress in loose clothes.
- do not use ibuprofen unless advised to do so by a doctor, as it may cause serious skin infections.
- do not give aspirin to children under 16.
- do not go near newborn babies, or anyone who is pregnant or has a weakened immune system, as chickenpox can be dangerous for them.
- do not scratch the spots, as scratching can cause scarring.
To mitigate the spread of chicken pox within schools and communities, the Ministry emphasizes the importance of practicing good hygiene habits, including frequent handwashing with soap and water, covering coughs and sneezes with a tissue or elbow, and avoiding close contact with infected individuals.
In the event that a child exhibits symptoms of chicken pox, parents and caregivers are advised to keep them at home and seek medical attention promptly. A sick leave for a period of 14 days is usually given. After the 14 day sick leave period, the individual must return to the physician or the public health nurse at one of the primary care clinics to obtain a fit for work or school certificate allowing them re-entry back into school or work. Anyone returning earlier than this time or without this certificate should not be allowed in school so as to prevent spread to other children. Additionally, it is crucial to inform school authorities to prevent further transmission among classmates and staff.
The Ministry of Health and Human Services is committed to ensuring the health and well-being of all citizens, and will continue to work diligently to address this current situation. For further information and guidance on chicken pox prevention and management, please visit Turks and Caicos Islands Ministry of Health and Human Services Facebook page at https://www.facebook.com/tciministryofhealth/.
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