Category: himpitcc

  • Clarity for Baliram Persaud

    first_imgDear Editor,The Guyana Revenue Authority wishes to respond to a letter published on February 21, 2018 under the caption “Do pensioners have an entitlement, or does the GRA have discretion?” by Baliram Persaud.The GRA appreciates Mr Persaud’s concern, and is happy to facilitate the editor’s request for a response.In his letter, Mr Persaud explained that his understanding of the Withholding Tax (WHT) exemptions was informed by a press statement issued by the Minister of Finance.Section 8 Paragraph 1 of the Income Tax Act, Chapter 81:01, stipulates that “Notwithstanding the provisions of section 39(1) (c), (d) and (e), any person referred to in subsection (3) whose income from all sources does not exceed seven hundred and twenty thousand dollars per annum shall be exempt from taxation on interest earned on savings accounts”.Additionally, subsection (3) states that “Subsection (1) shall apply to a person who is a resident in Guyana and who is (i) sixty years or over at the commencement of the year preceding the year of assessment; or (ii) incapacitated by illness or infirmity.As you are aware, GRA is constrained by law from divulging specific information on taxpayers, hence the Authority will not respond to Mr Persaud’s case in the public domain. However, it must be clearly understood that even though persons may have attained the stipulated age of sixty (60), all other stipulations outlined in the law must be met; and despite their being senior citizens, the requirement to provide a true and correct return, outlining all sources of income, must be filed.We hope this provides some clarity to Mr Persaud and all other relevant stakeholders who are desirous of understanding these changes. Those requiring additional information are encouraged to contact our Tax Advisory Services Section, or visit our website www.gra.gov.gy.Sincerely,Melissa BairdManagerPublic Relations UnitGuyana RevenueAuthoritylast_img read more

  • No leads on missing school girl

    first_imgAaliyah Bruce, 14, a student from the Anna Regina Multilateral School, who went missing since December 2015, has not been located, even though news about her disappearance is once again being disseminated.Aaliyah BruceAaliyah, from the Cinderella county of Essequibo was last seen at her grandmother’s house. She first went missing on 23 December 2015, but was found two days later in a home in Charity by a family member. She was taken home, only to go missing again two days later. She has been missing ever since.Speaking to Guyana Times Roxanne Smith the grandmother, stated that Aaliyah showed no sign of being troubled.She related however, that there were two issues where it was alleged that she stole some cash sometime back and was summoned to an investigation to recover what had been stolen.When asked “why only now has this issue been raised after so many months?” grandma Roxanne replied that the police have always been working on the matter, as such, the family had contacted the Social Protection Ministry who advised them to make it public again.Anyone who has information that could lead to the whereabouts of Aaliyah Bruce are asked to contact the nearest Police Station or her family on 669-8225 or 625-9686.last_img read more

  • Suspects released on bail

    first_imgOgle hotel shootingThe four suspects who were arrested following last week’s shoot-out at the Alpha Hotel in Ogle, East Coast Demerara (ECD), which left one man dead, have been released from Police custody.Police at the scene of the shooting on ThursdayThis was disclosed by Head of the Criminal Investigations Department, Senior Superintendent Wendell Blanhum, who told Guyana Times that the men were released after the 72-hour detention period had expired.The Crime Chief further stated that as a condition to their bail, the suspects are required to report to the Police.On Thursday last, at about 16:30h, an exchange of gunfire between Police ranks and suspects at Ogle, ECD, resulted in the death of 51-year-old Nigel Joseph of South Ruimveldt, Georgetown.He was shot to the abdomen and was taken to the Georgetown Public Hospital where he was pronounced dead on arrival. The man died while being transported to seek medical attention.Blanhum told this newspaper last week that the Police received information about a large-scale drug transaction and went to the location to investigate. While there, they realised that the information was accurate and immediately came under fire.Information reaching Guyana Times revealed that investigators recovered 5.5 kilograms of cocaine along with a Smith and Wesson 9mm firearm from the scene.Meanwhile, Commander of C Division (East Coast Demerara) Marlon Chapman confirmed the shootout took place, indicating that the Police were conducting an operation in the area when they came under fire from the men who were occupying a room at the hotel.Chapman further revealed that the Police returned fire, hitting the man who succumbed to his injuries. As the Police moved in, he related, the others attempted to escape, but were cornered and arrested.Chapman also confirmed that none of the Police ranks were injured during the shootout which lasted some 15 minutes.last_img read more

  • Essequibo woman remanded for narcotics possession

    first_imgKamlawattie Boodha, 41, of Lot 337 Richmond Housing Scheme, Essequibo Coast, was on Thursday remanded to prison for possession of narcotics for the purpose of trafficking. She made her first appearance before Magistrate Sunil Scarce at the Suddie Magistrate’s Court.She pleaded not guilty to the charge which said that on 5 October, 2016 around 15:30h ranks from the narcotics unit in G division, acting on information, conducted a search at the woman’s premises.During the search, the woman was found with a black plastic bag in her hand in the upper flat of her house. The bag contained 45 blue, white and pink transparent packets of leaves, seeds and stems suspected to be cannabis. It was weighed in her presence and amounted to 55 grams.last_img read more

  • Recent Oil Deal Represents Risk for Liberia

    first_imgWhen President Ellen Johnson Sirleaf met her US counterpart Barack Obama in Washington last Friday, the ongoing Ebola response was on the agenda. As the country struggles to get its economy back on track, investigations by Global Witness reveal that the government has sold off valuable oil assets in what appears to be a very bad deal for Liberia.A major oil contract, offshore Block 16, was recently handed to a coalition of three companies. One of these appears to lack sufficient funds to operate the oil block, and another has close links to some of Liberia’s worst tax dodgers.  This sell-off comes at a time when various oil scandals are brewing in the country. On 23 February the government issued arrest warrants against ten former government officials for their alleged role in a 2006 bribery case.Additionally, in December Global Witness received evidence of an unexplained payment of US$ 31,000 made to a Senator on the day that he signed away Block 16.   Two months later the dead body of a whistle-blower lawyer involved in a separate oil scandal investigation was found on a beach. “President Johnson Sirleaf will be looking to demonstrate to President Obama that Liberia has made efforts to reform its oil sector, including moves to indict allegedly corrupt officials,” said Global Witness senior campaigner Jonathan Gant. “Yet this news is unfortunately offset by a slew of recent scandals, including the award of a valuable oil contract to two dodgy companies, the mysterious death of a whistle-blower, and a suspicious payment of US$ 31,000 to a lawmaker.” Liberia put four offshore oil blocks up for bidding at the height of Liberia’s Ebola outbreak, which by December 2014 had killed at least 3,290 people. On 18 December the first, and so far only, of these contracts was finalized. Block 16 was awarded to US-based Liberty Petroleum, Nigerian-based Pillar Oil, and Liberian-based New Millennium Oil and Gas, who together paid US$ 22 million in signature bonuses and other payments. US-registered Liberty holds a 90 percent stake in the contract. Yet the company has only seven employees and a 2014 declared turnover of just US$ 3 million.In contrast, assuming that Liberty’s contract complies with the Liberian government’s new model contract (the Block 16 contract is not yet public), Liberty and its junior partners must invest US$ 53 million in the next seven years in oil exploration. Liberty is part-owned, through a series of intermediary companies and trusts, by US Congressman Trent Franks, a Republican representing Arizona’s 8th District.“Liberia’s Ebola crisis created an urgent need for funds, and it is understandable that the government would lease oil blocks to meet [that need],” said Jonathan Gant. “But the country, which has a history of oil companies not meeting their contractual obligations, now needs stable and reputable companies that will develop the sector for the benefit of the Liberian people.Based on available public information, serious questions should be asked as to whether Liberty, with such meager accounts, can make good on its commitments.” The Wento FactorAt the same time, Liberian-registered New Millennium, which holds a five percent stake in Block 16, is linked to logging companies that have accrued some of the highest levels of tax arrears in Liberia’s forestry sector. New Millennium lists as a board member, incorporator, and sole agent McDonald Wento. Wento’s history inspires doubt in his intention to manage Block 16 responsibly. As of January 2015, two other companies that Wento partially owns (Geblo Logging and International Consultants Capital), both awarded logging contracts in 2009) had accumulated an unpaid tax bill of US$ 11.7 million. This bill, which represents taxes owed over five years, makes Geblo and International Consultants Capital among Liberia’s worst tax dodgers.The Daily Observer contacted Mr. Nathaniel Gbaba, the chief operating officer of New Millenium, who confirmed that his firm was part of the groups that recently bid for Liberia’s oil block 16.  But contrary to Global Witness’ allegation that some of the companies have questionable financial capacity to operate this oil block, Mr. Gbaba said he doubted that GW had read the agreement. According to him, his company, New Millenium did “not have to pay any money until production starts, and that is four to five years down the road.”But he could neither confirm nor deny GW’s claim that McDonald Wento, who partially owns Geblo Logging and International Consultants Capital, both of whom had been awarded logging contracts in 2009, had accumulated an unpaid tax bill of US$ 11.7 million.“I have no involvement in these logging companies and know nothing about them,” Mr. Gbaba said.  “Your questions can better be answered by Mr. Wento,” Gbaba added. Mr. Wento was contacted late yesterday afternoon but said he was in a meeting and promised to call us back, but failed to do so.  Several subsequent calls went unanswered.   As regards Nigerian Pillar Oil, Global Witness does not suggest that it is in tax arrears or has an inadequate financial position to service the oil exploration contract.“If the aim of the Liberian government was to raise cash when leasing Block 16, it makes little sense to include a company linked to Wento,” said Gant. “The US$ 22 million Liberia received from its oil deal must now be balanced against the US$ 11.7 million owed by logging companies that Wento is linked to. The government will need to ensure that, unlike Geblo and International Consultants Capital, New Millennium makes good on its financial obligations.”Anti-Corruption Mixed MessagingIn recent months, Liberia has shown positive signs of wanting to clean up its oil sector. In December 2014, the government passed a reformed oil law aimed at increasing transparency. In President Johnson Sirleaf’s Annual Message to the Legislature the following month, she outlined ambitious plans for tackling corruption, calling it the “vampire of development and the obstruction of progress.” The Anti-Corruption Commission has also indicted ten former government officials for their alleged involvement in a series of bribes for oil contracts starting in 2006. However, various other oil industry scandals are simultaneously brewing. In December, Global Witness received a copy of a US$ 31,000 check paid from a Liberian government bank account to Senator Sando Johnson, dated 18 December, the same day the legislature passed Block 16. Global Witness has been unable to verify why Sen. Johnson was paid this money or by whom. Liberian legislators are entitled to compensation when they remain in session through their break, as was the case in 2014. Given Liberia’s history of legislators receiving bribes to approve oil contracts, however, this merits investigation.Also of concern is the recent death of Michael Allison, a Liberian lawyer at the centre of a government investigation into potentially illegal payments made by the Legislature to lawyers during the drafting of Liberia’s new oil law. Allison, who was found apparently drowned on a Monrovia beach on 13 February, had been named by the Anti-Corruption Commission as the possible recipient of an illegal payment, but was also working with the Commission as a “partner.” Two weeks following Allison’s death, the Liberian government is yet to release the findings of his autopsy, or determine whether or not his death was accidental.  It is not suggested that the block 16 concession companies had any connection with Sen. Sando Johnson’s payment or the death of Michael Allison.“It is positive that the Liberian government has taken some steps to reform its oil sector, including passing a much-improved oil law and possible indictments of individuals suspected of oil bribery,” said Gant. “However, if these reforms are to be meaningful, the government must ensure that future oil blocks are awarded transparently to companies that are up to the task.  The government should also ensure that those who break the law are held accountable, investigate any payments made to the Legislature at the time that Block 16 was awarded, and determine whether the death of Allison was related to his role in the Anti-Corruption Commission investigation.”Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

  • Leaning electric post causes fear at Rahaman’s Park

    first_imgResidents of Rahaman’s Park in the Greater Georgetown/East Bank Demerara area, having grown wary of a leaning electric post, are contending that the Guyana Power and Light (GPL) is ignoring their complaints.When Guyana Times visited the area on Saturday, residents decried the sloth of the GPL in treating with their complaints, and highlighted that the leaning electric post carries high-voltage power lines. Pansy Ramsarran, a mother of four and grandmother of three, contended that she has been making repeated complaints to GPL about the ongoing situation. She said that when she calls, GPL personnel would on numerous occasions refer her to different departments.Declaring that she has been living in the area for some 35 years, Ramsarran explained that, sometime ago, GPL operatives had strapped the post onto another piece of wood, and then to a new post. They have since made no effort to replace this post, which is being destroyed by termites.“I complain every day, but they putting me from one department to the next,” Ramsarran explained.Other residents declared themselves particularly concerned over the safety of young children who play in, and traverse, the area to and from school. Adrian Allicock, resident in the community for all of his 47 years, said his Lot 23 Rahaman’s Park home is continually deteriorating from leaning electric lines pulling the boards from the wooden section.He pointed out that he, too, has made several complaints to, but has received no positive response from, the power company.“I would not like it to fall and injure anybody; I prefer if they come and do it immediately. All (GPL) saying is that they [will] come and send supervisor, and nobody (has) come as yet. It might lean and lean more, and the next thing you know, it (causing) chaos in the area,” Allicock said.Guyana Times was told that the post has been leaning for the past 8 months; and with the passage of time, has been gradually deteriorating.last_img read more

  • Andy Gray on Jack Grealish: ‘Are 19-year-old footballers not allowed to relax?’

    first_imgAndy Gray insists Jack Grealish does not deserve to be chastised for his holiday antics.The Aston Villa starlet is to be called in for talks with club chiefs after he was pictured sprawled in a road in Tenerife after an alleged drinking session.Grealish has come in for criticism on social media, but Gray has sympathy for the 19-year-old and believes Tim Sherwood just needs to have a quiet word with his player to remind him to be more careful in public.Speaking on Extra Time, the former Villa star said: “He is a 19-year-old. He is going to make mistakes. Are we not allowing our 19-year-old footballers to relax, to chill?“Are we going to say you can’t do that, even in the close season?  Do you have be saintlike in every moment of your life even when you are off-season?“I’m guessing that most of the players not involved in the Copa America and the other tournaments that are holidaying have had one or two more drinks than they would have liked.“He is a 19-year-old kid. Is he not entitled to have a few drinks too much?“There will be some people in the game saying he has got plenty of time to drink when he has finished playing. I get that, but it is very hard to tell him to do that, and he is not the only 19-year-old footballer who has got a talent who has had too much to drink this summer.“If I was his manager, I would get him in and say ‘listen Jack, life is different now, you have to be more responsible. I know it is unfair to ask you to be sober every night and not have a drink if you want to, but be careful, be more aware and be more responsible’.”last_img read more

  • Senior Menu

    first_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MORESanta Anita opens winter meet Saturday with loaded card Tuesday: Beef and broccoli, baby lima beans, brussels sprouts. Wednesday: Five cheese lasagna, corn, peas and pearl onions. Thursday: Beef pepper steak, baby lima beans, brussels sprouts. Friday: Chicken primavera, corn, carrots. Lunch is served at noon weekdays at the Simi Valley Senior Citizens Center, 3900 Avenida Simi. Suggested donation is $5, or $2.25 for those 60 and older. Reservations must be made 48 hours in advance by calling (805) 583-6365. Lunch is served to Moorpark seniors at noon weekdays in the Moorpark Active Adult Center, 799 Moorpark Ave. Suggested donation is $2.25. For information, call (805) 517-6261. All meals are served with bread, dessert and fat free milk. Here is this week’s menu: Monday: Chicken teriyaki, peas and pearl onions, carrots. last_img read more

  • ORLAITH IS A REAL GIRL IN BLACK FOR EUROPA LEAGUE FINAL

    first_imgIT’S probably the closest she’ll ever get to playing in a Europa Cup Final.But that didn’t stop Donegal schoolgirl Orlaith O’Donnell, 9, from loving every moment of the big game at the Aviva Stadium.Orlaith, who is the daughter of Gerard and Clare O’Donnell from Nairn Road in Glenties, won a competition on Today FM to be a referee’s mascot for the final between Porto and Braga. Lucky Orlaith and dad Gerard were flown to Dublin and then driven by taxi to the Westbury Hotel where she was fitted for her very own referee’s strip.Orlaith, who is a football fanatic who loves Man Utd, had a fantastic time.She said “Everyone was just so nice to me and it was such a brilliant day.”Ends ORLAITH IS A REAL GIRL IN BLACK FOR EUROPA LEAGUE FINAL was last modified: May 20th, 2011 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

  • AIDEN MCGEADY ARCHITECT OF IRELAND’S WIN OVER BOSNIA

    first_imgDONEGAL’S Aiden McGeady turned super-sub today, showing the class we all know him for to provide the winner as Ireland beat Bosnia 1-0 at the Aviva Stadium in Dublin.The Glasgow-born former Celtic player came on for Damian Duff at the start of the second-half, turning in a superb performance.He hit the post with a volley before providing excellent chances for Walters, including one in the 74th minute which saw his header crash off the bar. But Aiden’s cross in the 78th minute which allowed fellow sub Shane Long to rise at the back post and head home the winner.James McClean had a superb game for Ireland.The Derry man and Sunderland star turned in a great performance – and giving Giovanni Trapattoni a Euro 2012 selection dilemma.Today’s win was the perfect build-up for next month’s games in Poland. And there was a good turn-out as well – more than 37,000 at the Aviva for today’s friendly.Lifford man Shay Given sat out the game; but joined players in say thanks after the game (pictured below).Ireland (4-4-2): Westwood; McShane (Kelly 78), Dunne (St Ledger 70), O’Dea, Ward; Duff (McGeady 46), Gibson, Whelan (Andrews 46), McClean; Keane (Long 63), Doyle (Walters 63).Subs: Forde (g), Kelly, Hunt, Cox, Fahey.Scorer: Long (78).Bosnia-Herzegovina (4-4-2): Begovic; Medunjanin (Vrancic 46), Pandza, Jahic, Mujdza (Zahirovic 56); Pjanic, Misimovic (Alispahic 82), Rahimic (Stevanovic 46), Lulic; Dzeko, Ibisevic (Vranjes 70).Subs: Sehic (g), Ibricic, Svraka.Booked: Vrancic.Referee: N. Haenni (Switzerland)AIDEN MCGEADY ARCHITECT OF IRELAND’S WIN OVER BOSNIA was last modified: May 26th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:AIDEN MCGEADY ARCHITECT OF IRELAND’S WIN OVER BOSNIAlast_img read more