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Levy won’t affect exports


ALEX DOWNES, [email protected]

Levy won’t affect exports

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THE PRICES OF MANY locally made items for the local market will be hit by Government’s new National Social Responsibility Levy.

However, head of the Barbados Manufacturers’ Association (BMA), Bobbi McKay, said yesterday the two per cent imposition would not affect items produced for export.

McKay revealed that the BMA held discussions with the Barbados Revenue Authority and Minister of Finance Chris Sinckler to get clarification on how the levy would affect Barbadian manufacturers.

And after those meetings, she said the BMA’s understanding was that the tax would be imposed on locally made items for local consumption, but not those made for export. (AD)

Please read the full story in today’s Midweek Nation, or in the eNATION edition.

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