The Nevis Island Administration (NIA) through the Ministry of Finance has established a temporary ‘Collections Unit’ for the next six months, which has the responsibility to collect outstanding money owed to the Administration.
Premier of Nevis, Joseph Parry, in an address on Monday evening, said that the unit would collect outstanding arrears for a number of departments, including the Alexandra Hospital, the Inland Revenue Department, Physical Planning, Customs and the Supply Office.
The Collection Unit is comprised of five individuals who will report to the Ministry of Finance on a weekly basis.
The team is not set up by any legislation and no other penalties, other than penalties that have already been set by government, will be imposed. The agenda of the team is to encourage persons who owe money, to make payments in order to reduce the arrears due to government, Parry explained.
The total arrears as of December 31, 2008 were XCD16,134,163 (USD6,158,000).
“At a time when the world is experiencing economic difficulties and a decline in visitors to Nevis since the temporary closing of Four Seasons, the island is now encountering less money in the Treasury, less money through Customs and less money in the pockets of Nevisians,” explained Premier Parry.
According to Parry, he has encouraged a number of institutions who conduct business in Nevis to pay their due taxes to the island’s treasury. Incentives will be offered at 20% discount on full upfront payments and for persons who seek alternate arrangements such as a payment plan, there will be a waiver of interest.
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