Char­ity wants re­view of NSRL

Daily Nation (Barbados) - - Front Page - By SHAWN CUM­BER­BATCH

Founder of the Aron and Christina Truss Foun­da­tion is call­ing for a re­view of the Na­tional So­cial Re­spon­si­bil­ity Levy (NSRL) in the hope that char­i­ties and elec­tronic de­vices will be ex­empted.

Aron Truss, who has ad­min­is­tered a pro­gramme in pri­mary schools pro­vid­ing com­put­ers and tablets to stu­dents to help with their stud­ies par­tic­u­larly prepa­ra­tion for the Com­mon En­trance Exam over the past seven years, said this year they were faced with an in­crease in costs be­cause of the levy.

“It is very un­for­tu­nate that tax was levied on tablets. That has cost us ten per cent more this year than it should have and I re­ally feel that char­i­ties and tablets should be ex­empted from the tax,” Truss said.

He was speak­ing yes­ter­day morn­ing at Sharon Pri­mary where they do­nated 69 tablets to stu­dents of Holy In­no­cents and Sharon Pri­mary schools.

This aca­demic year, the Foun­da­tion will do­nate ap­prox­i­mately 700 tablets at a cost of $210 each.

Truss said the levy­ing of the tax on tablets and char­i­ties “was not the way

Mex­i­can con­tin­ues to give

While the Na­tional So­cial Re­spon­si­bil­ity Levy (NSRL) has con­tin­ued to force Bar­ba­di­ans to tighten their belts, lo­cal en­ter­tainer Terry ‘‘Mex­i­can’’ Arthur has said it will not stop him from con­tin­u­ing with his an­nual Love-day gift giv­ing.

“It prob­a­bly will im­pact the project, but most of the stuff I buy in bulk. Ob­vi­ously, I may have to pay a lit­tle bit more, but I still will get the amounts I tar­get through­out the years. I wouldn’t let that hin­der me,” he said.

While he did not have a spe­cific num­ber he catered for, Arthur said he started with pur­chas­ing a cou­ple hun­dred pieces for a par­tic­u­lar age group.

“We are more or less on stream, but I usu­ally do the shop­ping, es­pe­cially in Bar­ba­dos, to­ward the end of Novem­ber into the be­gin­ning of De­cem­ber. We start our gift wrap­ping about the sixth or eighth of De­cem­ber, and we start the gift giv­ing on De­cem­ber 16 which is Love Day and go right up to New Year’s,” he said. (RA)

The Cen­tral Bank is happy at home but feeling the ad­verse ef­fects of Bar­ba­dos’ for­eign re­serves chal­lenge.

The WEEK­END NA­TION con­firmed that the bank is re­port­ing a $27.1 mil­lion profit for 2016 due to “rev­enue” from its heavy con­sump­tion of Gov­ern­ment paper.

How­ever, the ex­tent of the for­eign ex­change chal­lenge was laid bare in the fi­nan­cial state­ments for the pe­riod ended De­cem­ber 31, 2016, as in­de­pen­dently au­dited by KPMG.

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