“No intention to introduce personal income tax or increase corporation taxes at this time”, says SKN’s PM

“No intention to introduce personal income tax or increase corporation taxes at this time”, says SKN’s PM

 Prime Minister and Minister of Finance, Dr. the Hon. Timothy Harris. 

 

According to the Prime Minister, he was “addressing misinformation circulating in the public domain”, that the Team Unity-led administration intends to increase Income Tax.

 

A Sitting of the National Assembly was held on Tuesday, November 17th, which saw the first reading of the Income Tax (Amendment) Bill, 2020. 

 

PM Harris also explained what the Bill seeks to do:

 

 

With reference to good governance standards, Dr. Harris said the government will not neglect its responsibilities:

 

 Prime Minister and Minister of Finance, Dr. the Hon. Timothy Harris. 

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