6 Things You Need To Know Today – April 28, 2014

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  1. Banks Devising Withdrawal Tax Alternative. The banking sector is drafting an alternative proposal for presentation to Finance Minister Dr Peter Phillips aimed at convincing him to kill the financial transaction tax proposed on withdrawals and encashments… Read more at Jamaica-Gleaner.com
  2. Assets In Limbo – Gov’t Holds On To $1.2b In Cash, Property Seized From Criminals. The country’s Financial Investigations Division (FID) is now holding on to property and other assets valued at $1.23 billion, which it believes were acquired through the ill-gotten wealth of criminals over the last six years… Read more at Jamaica-Gleaner.com
  3. Expert Says TAJ Has Power To Nab Tax Cheats. As the debate continues to rage over the Government’s proposals to raise $6.7 billion in additional taxes this fiscal year, one tax expert has recommended that Tax Administration Jamaica (TAJ) exercise its powers to get non-compliant businesses to file their taxes within a stipulated period… Read more at Jamaica-Gleaner.com
  4. Political Leaders Need No Degree – Dr Christopher Charles. Political psychologist and lecturer in the Department of Government at the University of the West Indies (UWI), Mona, Dr Christopher Charles, has declared that contrary to popular belief, a political leader does not need a tertiary degree to move to the top of the political ladder… Read more at Jamaica-Gleaner.com
  5. Holness Wants Church To Take Over Children’s Homes. Opposition leader Andrew Holness has suggested that the Government give the Church authority to operate the majority of the places of safety across the island… Read more at Jamaica-Gleaner.com
  6. National Colours Bring Out Best In Michael Frater. Sprinter Michael Frater looked much like his old self, burning up the track on the second leg for Jamaica in the USA vs the Rest of the World men’s 4x100m at the Penn Relays on Saturday… Read more at Jamaica-Gleaner.com