Opposition legislator Melvin Turnbull has publicly declared that he will be working with members of the Andrew Fahie administration to help the government recoup almost $100 million of revenue owed in taxes.
Turnbull, who is a former financial consultant, made the announcement in a late session in the House of Assembly on Thursday.
“I keep talking about this revenue that is outstanding. I keep talking about this revenue that we are continually leaving on the table. The Deputy Speaker said that he is going to join with me … that we are going to work to collect the monies that are outstanding and owed to government.”
Figures has doubled since 2015
Turnbull said the monies owed was roughly $50 million when he first became an elected official back in 2015, and since then, he said the figures have almost doubled.
“When I brought back that question to the Honourable Premier, I think it was in February, I estimated from 2015 to now that the figure would’ve been about $80 million-plus. And I since revisited with some other components, it’s close to $100 million that we are leaving on the table. Five years later of uncollected government revenue that is out there that can be put back into these systems,” Turnbull stated.
Negligent business owners at fault
The Opposition legislator then made it clear that he was not only referring to monies owed in taxes from previous government investments, but more so monies owed to the government from negligent business owners in the territory.
He said some of these business owners have been making National Health Insurance (NHI) and Social Security deductions from their employees’ salary but not turning it over as they are required.
“If you are not contributing on behalf of your employees to NHI, stop taking it out of their paychecks. If you are not paying in your Social Security or taxes, stop taking it out,” Turnbull urged.
He further said these actions have disadvantaged many employees of benefits that would have been rightly owed to them.
“There continue to be complaints all over. People going to Social Security to access. If they are pregnant or if they are ill, they can’t get anything because they are told that they are not up to date … NHI is the same thing,” he argued.
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