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TCI: “Hotel & Tourism Taxation Ordinance Amendments”

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#Providenciales, April 15, 2019 – Turks and Caicos – The Revenue Department within the Ministry of Finance would like to inform stakeholders and the general public of recent amendments to the Hotel and Tourism (Taxation) Ordinance 2019 (hereinafter “the Ordinance”). 

The amended Ordinance includes the following provisions:

·       A rate variation for all-inclusive hotels effectively reducing their tax rate to 7.2%. All existing all-inclusive hotels will be Grand-fathered in.   Any new all-inclusives going forward are subject to the following qualifiers to apply the varied rate:

o   <300 guest rooms per single premises; and

  • 3-year average tax remittance <$1,000,000 per single premises
  • A period of Amnesty (April 1st to May 31st 2019) under the HTT Ordinance to waive penalties on taxes that fell due on or before March 31st 2019 subject to the following provisions:
    • Taxes paid before March 31st or within the first 30 days of the Amnesty Period can benefit from a 100% waiver of penalties upon written request to the Revenue Department.
    • Taxes paid after the first 30 days of amnesty, but paid within 45 days of the amnesty period, can benefit from a 50% waiver of penalties upon written request to the Revenue Department.
    • Taxes paid after 45 days but within the remaining 15 days of the amnesty period can benefit from a 25% waiver of penalties upon written request.
  • A provision to enter into an agreement for the remittance in payment of the outstanding taxes due and payable and the accrued penalties in full or in installments in writing to the Revenue Department with terms not exceeding April 30, 2021.  All payments under the Amnesty provisions which resulted in a reduction of accrued penalties shall be paid by the end of April 2021.
  • Amendments to the Penalty rate and structure which resulted in a ‘one-off’ penalty application at a rate of 20% and the introduction of an interest rate of 1.5% of the outstanding taxes that will be applied for each month the taxes remains outstanding.
  • Validation of taxes collected in respect of guest less than 12 years of age since enactment of the Ordinance in 1985.
  • The requirement to retain records has been changed to 7 years instead of 24 months.

Stakeholders and other interested parties are encouraged to obtain a copy of the Amended Ordinance from the Attorney General Chambers and review these and other amendments. All queries can be sent to the Revenue Department in Grand Turk & Providenciales or the District Commissioner’s Offices in the family Islands.

Press Release: TCIG

  

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TCI News

Bomb Threat No 6. In TEN days

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Dana Malcolm 

Staff Writer

“Our daughter is on the plane and they took them off the plane and we don’t know where the people are—she called— and we haven’t been able to get a hold of her since” the words of a panicked parent and one example of the chaos that criminals making malicious bomb threats on the Turks and Caicos’ airports are causing.

That parent was one of many residents waiting anxiously outside the Providenciales International Airport on Sunday, May 5th after Bomb threats were yet again filed against it; simultaneously threats were also made against the JAGS McCartney Airport in Grand Turk.

The couple, speaking to Wilkie  Arthur, Magnetic Media Court Correspondent,  were sitting in their car, the mother in tears, watching as travelers were made to disembark and leave the airport for their own safety.

We are told authorities cut a hole in airport fencing to quickly evacuate those who were on board aircraft on the runway at the time.

Arthur spoke to pilots who were frustrated at the delay.

”From our perspective, this flight is canceled.“ One of them told Arthur.

They expressed the same concern that other residents had shared with Magnetic Media, that it was time for the police to find the culprits behind the repeated threats which have turned out in all cases so far to be hoaxes.

Magnetic Media observed dozens of resident travelers mowing about on the tarmac and outside of the airport just waiting for police to finish their bomb threat protocol for the sixth time in 10 days.

The other threats came on Friday, April 26, Saturday, April 27, and Monday, April 29 (2) all via email.

Eventually, passengers were observed going back through security to reboard their  flights.

It’s the first time in six encounters that no word has come from the Turks and Caicos Islands Airports Authority about the bomb threat, and when Arthur tried to approach the airport to film, he was told not to.

Based on eyewitness reports, several flights were delayed, including at least one international flight to Texas.

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Bahamas News

RBC appoints new Country Manager and Area Vice President for Turks & Caicos 

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RBC Royal Bank (Bahamas) Limited (“RBC”) is pleased to announce the recent appointment of Kerryl-Lyn King-Henry as Country Manager and Area Vice President (“AVP”), Personal and Commercial Banking, Turks & Caicos Islands (TCI).

In her new role as Country Manager and AVP, King-Henry will take on full responsibility for the bank’s operations, strategy, and development in the TCI market, with a strong focus on solidifying partnerships with the Government, regulatory bodies, and the local community.

King-Henry brings to the role a dynamism influenced by nearly 25 years of industry experience. Prior to her new appointment, she served as AVP of Business Banking in Trinidad and Tobago. She has held progressively senior roles within both personal and commercial banking, as well as various functional units.

King-Henry holds a Master of Business Administration (MBA) degree, with a specialization in Leadership, FinTech and Big Data Analysis, in addition to a Bachelor’s Degree in Business Administration. Further enriching her professional profile, Kerryl-Lyn is a certified John C. Maxwell Coach, Trainer, Teacher, and Speaker. Her passion for leadership and development is matched by her commitment to community service, as she actively volunteers her time and leverages her professional expertise to mentor and support others. “

Kerryl-Lyn’s extensive experience and proven leadership capabilities make her the perfect choice to lead our operations in the Turks & Caicos Islands,” said Ericka Rolle, RBC’s Managing Director and Vice President, Personal Banking, The Bahamas and TCI.

“Her commitment to excellence, combined with a genuine passion for community engagement, aligns perfectly with our Bank’s purpose of helping clients thrive and communities prosper. We are excited to see the positive impact she will undoubtedly bring to her new role,” she added.

 

 

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Government

MINISTRY OF HEALTH AND HUMAN SERVICES DELEGATION VISITS WEST MIDLANDS AMBULANCE SERVICE IN BIRMINGHAM, UK

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Providenciales, Tuesday 30 April, 2024 – A delegation from the Ministry of Health and Human Services, recently undertook a pivotal visit to the West Midlands Ambulance Service in Birmingham, United Kingdom. The visit, which took place from April 21st to April 23rd, 2024, was held under the esteemed patronage of the Ambassador of Health of the British Overseas Territories, Professor Ian Cumming.

Led by Permanent Secretary Mrs. Desiree Lewis OBE, the delegation included Ms. Renessa Williams, Deputy Permanent Secretary of the Ministry of Health and Human Services, and Mr. Andy Brijmohansingh, Director of Emergency Medical Services. This strategic meeting was an integral part of the Ministry’s ongoing efforts to enhance emergency services within the Turks and Caicos Islands.

During the visit, representatives from the West Midlands Ambulance Service provided comprehensive insights into their operations, sharing valuable expertise and offering collaborative initiatives for the development of the TCIs emergency services. Discussions encompassed various aspects, including training and mentoring programs tailored to empower emergency personnel within the Turks and Caicos Islands.

“The visit marked a significant step forward in our strategy for the advancement of emergency services,” stated Mrs. Desiree Lewis OBE. “We are deeply grateful for the generosity and support extended by the West Midlands Ambulance Service, and we look forward to implementing the insights gained to further enhance emergency care within our country. Permanent Secretary Lewis also expressed the Ministry of Health’s gratitude to Professor Ian Cumming for his assistance by way of arranging the visit.”

Mr. Andy Brijmohansingh, Director of Emergency Medical Services for the Turks and Caicos Islands, underscored the importance of the discussions, emphasizing the poignant exchange of ideas and the potential for meaningful collaborations which signifies a commitment to improving emergency services and ensuring the safety and well-being of the residents of the Turks & Caicos Islands.

The Ministry of Health and Human Services expresses its sincere appreciation to the West Midlands Ambulance Service for their warm hospitality and invaluable contributions during the visit.

For additional information, please visit the Turks and Caicos Islands Ministry of Health and Human Services Facebook page at https://www.facebook.com/tciministryofhealth/.

 

 

 

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