AZP News

Tags : Colm Imbert

2020/2021 Budget Highlights

  By Sue-Ann Wayow THE 2020/2021 Budget is based on an oil price of US$45 a barrel and a gas price of US$3 per mmbtu. Finance Minister Colm Imbert delivered the fiscal package in the Lower House on Monday and forecasted total revenue at $41.3 billion with total expenditure of $49.6 billion. Therefore an $8.2 […]Read More

Up-To-Date Taxes not a Must to Get VAT Bonds

  BUSINESSES do not have to have up-to-date tax payments to receive Value Added Tax (VAT) bonds from the Government. This was the announcement made by Minister of Finance Colm Imbert at a virtual news conference on Tuesday. He made reference to an article in the Guardian in which a businessman claimed that the payment […]Read More

Govt to pay $6B in VAT Refunds

  THE Government of Trinidad and Tobago owes businesses more than $6 billion in Value Added Tax (VAT) refunds. This was revealed by Minister of Finance Colm Imbert who said that there were 10,160 registered companies in TT and the VAT refunds owed amounts to $6,225,617, 665. He said the Government will make these payments […]Read More

Ex-UNC Senator makes Bid to Stop Sale of Pointe-Pierre Refinery

  A former United National Congress senator is trying to stop the sale of the Petrotrin refinery in Pointe-a-Pierre through a constitutional motion filed in the High Court. Wayne Sturge, an attorney, filed that matter against the failure of the Minister of Finance Colm Imbert, as the chairman of the Joint Select Committee (JSC) on […]Read More

Budget 2020: Minimum Wage to be $17.50 per hour

    THE Minimum Wage in Trinidad and Tobago is to be increased from $15 to $17.50 per hour. This announcement was made by Finance Minister Colm Imbert in his presentation of the 2020 Budget in the Parliament on Monday. He said this increase will benefit 194,000 employees and will take effect in December 2019. […]Read More

Imbert: New Refinery Owners will have No Debt, Fewer Staff

  FINANCE Minister Colm Imbert says the fact the Pointe-a-Pierre refinery is being sold debt free means that the new owners can make it profitable. He made the point at a news conference on Wednesday. Patriotic Energies and Technologies, the wholly owned company of the Oilfield Workers Trade Union (OWTU), is the preferred bidder for […]Read More

31% of Registered Venezuelans Verified by TT Authorities So Far

    SINCE the registration of 16,523 Venezuelans who applied for registration to work and live in Trinidad and Tobago, only 5,148 have so far been verified for ministerial approval. That is just over 31 percent. And 112 have been refused registration because of criminal records such as robbery, drug trafficking and homicide. This was […]Read More