An increase in NIS rates will have serious implications for the business community

Dear Editor,

I refer to an article in your November 15, 2012 edition regarding the imbalance in “NIS investments.” For the business community, any increase in rates will have very serious implications. It is also reasonable to expect that higher rates could encourage more evasion.

While I fully understand that every effort must be made to bring NIS back into ‘balance,‘ other strategies should first be explored. In this regard, I strongly urge the umbrella business organisations to engage the wider business community in a comprehensive review of the current circumstances surrounding the actuarial report to find alternative strategies, including widening the NIS net.

Yours faithfully,
David Yhann

More in Letters

Comments

About these comments

The comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit or delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity.

Get the day's headlines from SN in your inbox every morning:

Most Read This Week

  1. The medical school sign on the Buddy’s building

    Buddy’s Pool Hall, Night Club closed after business falls

  2. A police officer attempts to escort Rushelle Gittens out of the court compound

    Woman threatens to kill cop at city court complex

  3. Lakeram Kewlachand

    Gangaram man takes his own life

  4. Colin Rodney

    Cop charged with taking bribes

  5. Citizens fleeing country due to crime, IAC says

  6. The Rio Inn at Forshaw and Oronoque Streets

    Teen shot dead outside Rio nightclub

  7. Courtenay Griffith’s home in Lodge that is earmarked to be demolished.

    City to tear down 52 derelict buildings

  8. Tricia Loo

    East Canje woman jailed over cocaine in suitcases

  9. 15-year-old charged with murdering suspect in sister’s abuse


Recommended For You