Government is banking on cash from the Citizenship by Investment programme (CIP) along with increased economic activity in 2013 to finance its $786 million budget next year.

Finance Minister Harold Lovell has said maybe to a proposal by the Antigua & Barbuda Employers Federation (ABEF) to abolishing income tax.

In a matter of days, shoppers will once again benefit from a major break on the Antigua & Barbuda Sales Tax (ABST).

Car dealers and retailers of other big ticket items have dubbed the sales tax holiday weekend a resounding success for business.

Prices at supermarkets, furniture shops, clothing stores, car retailers and all other goods retailers are expected to drop this weekend – courtesy of a two-day reduction in the Antigua & Barbuda Sales Tax (ABST).

At the urging of the International Monetary Fund (IMF), government will shortly be passing legislation that will allow it to garner funds owed by both individuals and statutory bodies.

The Lower House of Parliament moved to close a loophole for sales tax refunds by passing an amendment yesterday.

Businessman Miles Codrington Thursday denied that his brother, Parliamentarian Chanlah Codrington, influenced officials to give him preferential

Chairman of the Antigua Hotels & Tourist Association (AHTA) Alistair Forrest is optimistic that a new marketing fund, which is to come into effect this year, will help raise the international profile of the twin island state.

Four months after government announced its stimulus package, Managing Director GCS Bottling, Hilroy Humphreys said manufacturers are still waiting for the relief.