Home' Trinidad and Tobago Guardian : May 24th 2013 Contents A21
Friday, May 24, 2013 www.guardian.co.tt Guardian
Ministry of Finance
INLAND REVENUE DIVISION
PRIVATE SECTOR EMPLOYERS
P.A.Y.E. SEMINAR 2013
The Board of Inland Revenue invites you to participate in a 1-day
TARGET GROUP Accounting/Payroll Personnel
June 11 and 18, 2013
9:00a.m. -- 3:00 p.m.
To increase knowledge & understanding of the
requirements of the P.A.Y.E. System, update
participants of new tax measures relevant to the
effective application of the PAYE System.
Inland Revenue Training Centre
Port of Spain
(Next to TTPOST)
REGISTRATION May 23, 24 and 28, 2013
Between the hours 9:00 a.m. -- 3:00 p.m.
(limited seating available)
#623-2981, 623-1211, 623-7106 Ext. 321,431
Taxpayer Relations Section
Visit us at www.ird.gov.tt
'Changing the way we interact with people'
Commissioner of Valuation Ronald
Heeralal said "vultures" pretending
to be property valuators are taking
advantage of people who are being
relocated from the route of the San
Fernando to Point Fortin highway.
"There are vultures out there who
will go on site and promise people
more than the qualified valuators,"
Heeralal told the T&T Guardian.
Heeralal said the Institute of Sur-
veyors had a list of qualified valuators
and when claimants put in their claim
with the Commissioner of State Lands,
they were given the list.
He spoke to the Guardian yesterday
on the second day of the Royal Insti-
tution of Chartered Surveyors (RICS)
Conference on Valuation and Con-
struction at the Hyatt Regency Hotel,
"In the San Fernando to Point Fortin
highway there are a lot of the lengthy
negotiating periods because you have
unqualified people who do not know
the rights of the claimants and as a
result it perpetuates the time it takes
to reach a settlement," he said.
"Nine of ten times claimants, or
people whose property are being
acquired, may take unqualified people
who are not aware of the law to nego-
tiate on their behalf. So if you take an
accountant or an engineer to do a
negotiation it will prolong the time it
takes to reach an early settlement."
"There are firms with qualified val-
uators who are trained to interpret
and apply the regulations under the
Heeralal said the law clearly guided
the state on matters of compensation.
"The main issue is compulsory
acquisition like the highway from San
Fernando to Point Fortin and the issue
arising out of payment for compen-
"What is fair compensation? Fair
compensation is written in the Land
"The Commissioner of Valuation
will negotiate the compensation on
behalf of the state. There is legal
recourse for arbitration if an agreement
with the state cannot be reached," he
Finance Minister Larry Howai writes a dollar sign on a touch screen at the Trinidad Systems Limited (TSL)
Group's tech expo at the Hyatt Regency. Looking on are motivational speaker Anthony Watkins, left, and
TSL Group president Nicholas Galt. PHOTO: BRIAN NG FATT
Petrotrin says it does not export
lube oils to Jamaica.
The State-owned energy company
responded yesterday to claims made
last week by Jamaica exporters of
unfair trade practice, saying the
reports had a negative impact on
Petrotrin's reputation and image.
Gillian Friday, Manager-Corporate
Communications at Petrotrin, wrote
to the Jamaica Gleaner in response
to May 14 report that newspaper pub-
lished about Jamaica imposing addi-
tional duties on lube oil products
from T&T. Jamaica's Industry, Invest-
ment and Commerce minister Antho-
ny Hylton accused Petrotrin of
exporting of lubrication oil and claim-
ing the product was of Caricom origin
when it was not.
Hylton said after discussions with
an inter-ministerial trade enforcement
team, Jamaica Customs issued a ver-
ification query on the product to the
T&T's Customs and Excise Division.
T&T Manufacturers' Association
(TTMA) and ExporTT have both
denied that exporters from this coun-
try are engaging in unfair trading
practices in Jamaica.
No lube oils exported
Links Archive May 23rd 2013 May 25th 2013 Navigation Previous Page Next Page