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Local first time buyers’ tax concession increased

Local first time buyers’ tax concession increased

| 25/10/2018 | 80 Comments
(CNS): Concessions on stamp duty for Caymanians buying their first home or land to build on will be increased in the New Year, when the threshold before people pay the tax will be increased from $100,000 to $150,000 on land and from $300,000 to $400,000 on built property. Government said the increas [...]

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CIG releases bills to end immigration department

CIG releases bills to end immigration department

| 25/10/2018 | 28 Comments
(CNS): With government planning to return to the Legislative Assembly in mid-November, it has now published a number of bills for final public consultation ahead of the anticipated parliamentary debates on the end of the immigration department. Several of the new draft laws relate to the impending s [...]

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Clampdown coming on illegal ‘numbers’ racket

Clampdown coming on illegal ‘numbers’ racket

| 25/10/2018 | 52 Comments
(CNS): The Cayman Islands Government posted a flurry of legislation to its Gazettes website Wednesday, ahead of next month’s Legislative Assembly meeting, including a bill that will increase the penalties for illegal gambling, as the authorities move to clamp down on a growing problem that fue [...]

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Premier told FCO what he wanted in a governor

Premier told FCO what he wanted in a governor

| 25/10/2018 | 77 Comments
(CNS): As the relationship between London and the Cayman Islands continues to be delicately balanced, the premier has said that he “offered advice” to the FCO about what he wanted in a governor before Martyn Roper was selected, and had held up Helen Kilpatrick as an example. In a stateme [...]

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PAC to scrutinise civil service report

PAC to scrutinise civil service report

| 23/10/2018 | 26 Comments
(CNS): The Public Accounts Committee will be meeting on Wednesday and Thursday this week to examine a report by the Office of the Auditor General that took a close look at how the civil service is being managed. “Workforce planning and management in the Cayman Islands Government” reviewe [...]

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Local economy heating up with 4% growth

Local economy heating up with 4% growth

| 22/10/2018 | 37 Comments
(CNS): The local economy is growing much faster than predicted, and while this is good news for business and government coffers, the increased economic activity across all major sectors is fuelling inflation. Gross domestic product was up 4% in the first quarter of 2018, and consumer demand led to [...]

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TBL and DVDL payments going online

TBL and DVDL payments going online

| 19/10/2018 | 13 Comments
(CNS): The roll-out of two more e-government services will be show-cased next week when Commerce Minister Joey Hew hosts an event at a local hotel unveiling the latest advances which, according to officials, will include the ability for people to pay for key services online. One of the new services [...]

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Cayman-UK relations ‘no longer fit for purpose’

Cayman-UK relations ‘no longer fit for purpose’

| 18/10/2018 | 91 Comments
(CNS): The Cayman Islands Government has taken a very different position from the Foreign and Commonwealth Office over the current balance in the relationship between the UK and Cayman. In its submissions to the Foreign Affairs Select Committee for the review currently underway, the CIG has describe [...]

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FCO: Current balance of power is right

FCO: Current balance of power is right

| 17/10/2018 | 45 Comments
(CNS): The FCO stated in submissions to the House of Commons Foreign Affairs Select Committee that it believes the current balance of power between Britain and its territories is broadly the right one. The document, submitted ahead of this week’s hearings by the committee reviewing the relati [...]

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Bush grilled about UK-Cayman relationship

Bush grilled about UK-Cayman relationship

| 16/10/2018 | 36 Comments
(CNS): Eric Bush was asked if the Cayman Islands was on a collision course with the British government over the issue of beneficial ownership when he faced questions from UK members of parliament on Tuesday, when he appeared before the House of Commons Foreign Affairs Select Committee. The committee [...]

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Bush dodges same-sex marriage issue at UK committee

Bush dodges same-sex marriage issue at UK committee

| 16/10/2018 | 87 Comments
(CNS): Eric Bush, the Cayman Islands representative in London, told the Foreign Affairs Select Committee in the British House of Commons on Tuesday that he could not answer questions about the territory’s position on same-sex marriage because of a case currently going through the local courts. [...]

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Cayman News Service