Barbados, like many other countries, is faced with the challenge of balancing the need for revenue generation with the need for an equitable tax system. One potential solution that has been proposed is raising VAT and lowering income tax. In this blog article, we explore the potential impact of such reforms on the Barbadian economy and society, with a particular …

Barbados, known for its beautiful white-sand beaches and rich island culture is an allure for vacation travel seekers. But why wait for Vacation? Now one can immerse themself in the tranquil island living while working from Barbados/Paradise. The Barbados Welcome Stamp is a 12-month visa offered to non-nationals who are employed in a country other than Barbados and who are …

The registration form for the Barbados Optional Savings Scheme (BOSS) is now available for public workers to sign on. The form is available here for completion. Important Notes In order to complete the form, it is necessary to know your net salary. A calculation sheet is provided on the form.If the total value of all the Bonds requested by all workers …

This is an introduction to the Barbados Optional Saving Scheme (BOSS) which will introduce a public sector salary bond.

When I first read about this term I thought it was a typo for “Big economy”. It turns out I was wrong and that ‘gig economy’ is a legitimate emerging trend. ‘Gig’ is the slang used by many to refer to temporary work and the reference is quite the same in the context of the gig economy. A gig economy …

  Peer to Peer Lending company, Carilend Caribbean Holdings Limited, announced that a 30% stake was acquired by Victoria Mutual Investments Limited (VMIL) of Jamaica. In addition, Kailash Pardasani, a Barbados based, serial entrepreneur acquired a further minority stake.  “This partnership between Victoria Mutual Investments Limited and Carilend is the first step in expanding Carilend’s fintech capabilities across the region. …

Facebook has announced plans to invest in building and growing the developer community in Guyana through the launch of a local chapter of the Global Developers Circle (DevC). Developers Circle from Facebook is a program for developers all over the world to connect, learn and collaborate. Chapters are community-driven, free to join and provide a platform for members to share …

Released as an open-source software in 2009, Bitcoin is often credited as the world’s first cryptocurrency and is best defined as a digital currency that only exists electronically. Bitcoin is decentralized, meaning it doesn’t have a central issuing authority or political institution that controls the amount of bitcoin in circulation. But the Bitcoin platform is far from anarchy. Bitcoin uses …

Oasis500 is an ICT, digital media and mobile business accelerator and investment company based in Jordan. The services of Oasis500 includes entrepreneurship training, mentorship guidance, incubation, acceleration and additional follow-up investment funds if required. Entrepreneurs that have passed the training and pitching stages are now eligible for funding based on specific metrics and criteria set by a designated in-house jury, …

Now with over two years of progress and showing promise. The development objective of the Sustainable Youth Employment in Digital and Animation Industries (YEDAI) Project for Jamaica is to support youth employment in the digital and animation industries in Jamaica. The project comprises of five components. The first component, skills and capacity to enhance employability and entrepreneurship will build capacity …