NO. 37/2015 DATE: April 20, 2015
INVITATION FOR STANDING UNDER THE MANUFACTURERS’ SUPPORT PROGRAMME
ST. GEORGE’S, GRENADA, Monday, April 20, 2015: The Inland Revenue Division of the Ministry of Finance and Energy wishes to advise Manufacturers that it is now accepting applications for Eligibility/Standing under the Manufacturers’ Support Programme for 2015.
Applicants are required to address all applications to the Comptroller, Inland Revenue Division, with the following content:
· Number of persons currently employed;
· Value of export sales for the period January-December 2014;
· Value of sales excluding export sales for the period January-December 2014; and
· Level of Investment in 2014.
Please note that the due date for submission is May 15, 2015.
Under the Manufacturers’ Support Programme, Government has a tax expenditure allocation (concessions) of up to $2.5M to support manufacturers through which certain inland taxes paid by manufacturers can be reduced.