Home Headlines Sugar cane associations write PM Barrow over tax measures

Sugar cane associations write PM Barrow over tax measures

1 min read
0
0
2,456

The Progressive Sugar Cane Producers Association, the Corozal Sugar Cane Producers Association and the Belize Sugar Cane Farmers Association have written a joint letter to the Prime Minister of Belize. The letter addresses the Prime Minister’s budget and his administration’s tax measures. According to the associations, Government’s decision to apply GST on the purchase of data services and its decision to end exemptions for land clearing, crop dusting and harvesting will have serious negative implications on the agriculture sector. They say these new measures will affect more than five thousand cane farmers in the north. The associations view the application of GST to basic agricultural activities as a backward step in times of economic hardship. Farmers are worried that with this new GST measure, they will become increasingly uncompetitive on the world market. The three sugar cane producing associations are asking the Government to desist from legislating these tax measures and consider other incentives to promote the development of the productive sector.

Load More Related Articles
Load More By Love FM
Load More In Headlines
Comments are closed.

Check Also

Belize commemorates World Refugee Day

At the end of 2017 it is estimated that 68.5 million people were displaced worldwide. Refu…