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BTL Employees Will Now be Taxed on Allowances

As the unions prepare to be consulted on the budget for the upcoming fiscal year, the Belize Communications Workers Union (BCWU) is facing another issue within Belize Telemedia Limited (BTL).

As the unions prepare to be consulted on the budget for the upcoming fiscal year, the Belize Communications Workers Union (BCWU) is facing another issue within Belize Telemedia Limited (BTL).   Love News received a copy of an internal bulletin, informing staff that come the next pay period they will be paying twenty five percent taxes on some benefits, including the telecom benefit; transport allowance; vehicle maintenance and vehicle insurance.  According to the correspondence from BTL’s HR Department, the decision comes out of an assessment done on the company for the period January to December 2019, and is in accordance with the Income and Business Tax Act (Section 5 (1).  The memo noted that the taxes were to be levied at the start of the year, but was delayed to February as the company was notified after salaries were already prepared.