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The current rates (as at June 2007) are 10% for small employers [9] and 14% for larger employers. 8% of the total remuneration is deduction from the employee, the remainder of the liability is met by the employer. The first US$10,000 of remuneration are free from payroll tax.
Property taxes account for less than 1% of revenue. Tourism. In 2015, a total of 922,372 people visited the islands (of whom 529,354 were cruise ship passengers and 393,018 were overnight visitors), mainly from the United States. The bulk of the tourism income in the British Virgin Islands is generated by the yacht chartering industry.
The British Virgin Islands comprise around 60 tropical Caribbean islands, ranging in size from the largest, Tortola, being 20 km (12 mi) long and 5 km (3 mi) wide, to tiny uninhabited islets, altogether about 150 square kilometres (58 square miles) in extent. They are located in the Virgin Islands archipelago, a few miles east of the US Virgin ...
Property taxes are levied by either state government or local civic bodies. Property tax or 'house tax' is a local tax on buildings, along with appurtenant land. It is imposed on the Possessor (not the custodian of property as per 1978, 44th amendment of the constitution). It resembles the US-type wealth tax and differs from the excise-type UK ...
Montserrat (/ ˌ m ɒ n t s ə ˈ r æ t / MONT-sə-RAT) is a British Overseas Territory in the Caribbean.It is part of the Leeward Islands, the northern portion of the Lesser Antilles chain of the West Indies.
A land value tax ( LVT) is a levy on the value of land without regard to buildings, personal property and other improvements upon it. [1] It is also known as a location value tax, a point valuation tax, a site valuation tax, split rate tax, or a site-value rating . Some economists favor LVT, arguing it does not cause economic inefficiency, and ...
House of Assembly (the former Legislative Council) building, the High Court is located upstairs. Between 1747 and 1754 Lieutenant Governor James Purcell pressed for some form of formal government in the British Virgin Islands, but in this he was rebuffed by Governor George Thomas. But by 1773 the new Leeward Islands Governor, Sir Ralph Payne ...
Government of the Virgin Islands. 5 May 2022. ^ "Best for the job! Fraser now the leader of a one-man Opposition". BVI News. 6 May 2022. ^ "Over $8M spent on govt's COI defence". BVI News. 27 May 2022. ^ "Former Premier Fahie instructed us to file injunction against COI". BVI News. 27 May 2022.
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