RelationDigest

Thursday, 18 January 2024

UWP Criticises Proposed ‘Harsh’ Tax Penalties

Site logo image Editorial Staff posted: "The United Workers Party (UWP) expresses strong objection to the recent proposal by the Government of Saint Lucia outlining harsh measures for individuals and businesses with outstanding tax payments. The UWP firmly believes that a highly punitive appr" St. Lucia Times Read on blog or reader

UWP Criticises Proposed 'Harsh' Tax Penalties

Editorial Staff

Jan 18

The United Workers Party (UWP) expresses strong objection to the recent proposal by the Government of Saint Lucia outlining harsh measures for individuals and businesses with outstanding tax payments.

The UWP firmly believes that a highly punitive approach to tax collection of taxes is counterproductive and advocates for fair and efficient methods that promote tax compliance without compromising individual rights.

First, the Government's intention to double the penalty interest rate from 10% to a staggering 20% is excessive and unreasonable.

This hike in the interest rate can have a devastating impact on individuals and businesses already grappling with the challenges of the current economic climate.

Rather than unreasonable and unfair interest rates, the government should reduce the opportunities for noncompliance so that penalties rarely need to be applied.

Equally troubling is the proposal to grant the Comptroller of Inland Revenue the authority to seize assets, including homes, to recover unpaid taxes.

This measure is draconian and disproportionate, potentially leading to scenarios where families could lose their homes due to unpaid tax liabilities.

This policy not only creates fear and uncertainty, but also jeopardizes the overall economic stability of our nation.

Furthermore, the requirement for individuals owing taxes to obtain permission to travel is an unprecedented encroachment on personal freedoms.

This policy is not only an infringement upon the right to freedom of movement but also places an unnecessary bureaucratic burden on citizens.

The UWP believes in fair and efficient tax collection methods that support the development of the country while respecting the rights and dignities of its citizens.

We urge the Government to reconsider these harsh measures and engage in a more consultative process with stakeholders to find balanced solutions that improve tax compliance without resorting to punitive and oppressive tactics.

We stand with the people of Saint Lucia in advocating for fair and just governance, and we will continue to voice our concerns against any measures that threaten fundamental liberties and the welfare of our citizens.

SOURCE: United Workers Party

Comment

St. Lucia Times © 2024. Manage your email settings or unsubscribe.

WordPress.com and Jetpack Logos

Get the Jetpack app

Subscribe, bookmark, and get real-time notifications - all from one app!

Download Jetpack on Google Play Download Jetpack from the App Store
WordPress.com Logo and Wordmark title=

Automattic, Inc. - 60 29th St. #343, San Francisco, CA 94110  

at January 18, 2024
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest

No comments:

Post a Comment

Newer Post Older Post Home
Subscribe to: Post Comments (Atom)

The Edgar Poe You Never Knew: a Mere Writer of Horror or a Humanist Master of the Mind

Rising Tide Foundation cross-posted an episode from Through A Glass Darkly Rising Tide Foundation Aug 4 · Rising Tide Foundation Cynthia Ch...

  • [New post] Wiggle Kingdom: April Earnings on Spring Savings!
    Betsi...
  • [New post] Balancing the ‘E’ and ‘S’ in Environment, Social and Governance (ESG) crucial to sustaining liquidity and resilience in the African loan market (By Miranda Abraham)
    APO p...
  • Something plus something else
    Read on bl...

Search This Blog

  • Home

About Me

RelationDigest
View my complete profile

Report Abuse

Blog Archive

  • August 2025 (3)
  • July 2025 (59)
  • June 2025 (53)
  • May 2025 (47)
  • April 2025 (42)
  • March 2025 (30)
  • February 2025 (27)
  • January 2025 (30)
  • December 2024 (37)
  • November 2024 (31)
  • October 2024 (28)
  • September 2024 (28)
  • August 2024 (2729)
  • July 2024 (3249)
  • June 2024 (3152)
  • May 2024 (3259)
  • April 2024 (3151)
  • March 2024 (3258)
  • February 2024 (3046)
  • January 2024 (3258)
  • December 2023 (3270)
  • November 2023 (3183)
  • October 2023 (3243)
  • September 2023 (3151)
  • August 2023 (3241)
  • July 2023 (3237)
  • June 2023 (3135)
  • May 2023 (3212)
  • April 2023 (3093)
  • March 2023 (3187)
  • February 2023 (2865)
  • January 2023 (3209)
  • December 2022 (3229)
  • November 2022 (3079)
  • October 2022 (3086)
  • September 2022 (2791)
  • August 2022 (2964)
  • July 2022 (3157)
  • June 2022 (2925)
  • May 2022 (2893)
  • April 2022 (3049)
  • March 2022 (2919)
  • February 2022 (2104)
  • January 2022 (2284)
  • December 2021 (2481)
  • November 2021 (3146)
  • October 2021 (1048)
Powered by Blogger.