Tuesday 7 August 2012

No tax for expats!

We mentioned in an earlier post that the Premier had announced a proposed Community Enhancement Fee on 25th July for expatriate workers in the Islands. This announcement was met with strong opposition and controversy, and it has been a hot topic in the local news since. 

However, Premier McKeeva  bush how now confirmed that the Community Enhancement Fee is off the table and will not be implemented. 

"At our public meeting on Wednesday August 1st at the Sir John A Cumber School Hall I stated that the Community Enhancement Fee would be taken off the table if robust, credible and sustainable revenue that did not hurt the poorest members of our islands was found,” Mr. Bush said.

“We are satisfied that many of the commitments from the private sector will meet these criteria,” Mr. Bush adds." 

For more information on this update, please visit the Cayman 27 website

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