Monday, May 25, 2026

De Peiza happy with help for small business

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The Democratic Labour Party (DLP) is pleased that small businesses have been given a chance to reopen.

President Verla De Peiza yesterday gave her support to the announcement on Wednesday night by Prime Minister Mia Amor Mottley of a partial reopening of businesses in some sectors from Monday.

Among the measures is some relief for small and medium enterprises through a $20 million Small Business Wage Fund administered by Fund Access. This would cater to those enterprises too small to pay value added tax (VAT).

The Prime Minister also announced that self-employed people who make contributions to the National Insurance Scheme (NIS) but were not entitled to unemployment benefits, would be able to access a new one-time Business Cessation Benefit totalling $20 million. This would see self-employed individuals who paid into the NIS receiving $1 500 per month for April and May only.

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