Log In

Sweeping changes to payroll tax, with exempt companies incurring no extra tax liability, were promised in the Budget

The Government appears to have accepted the reality of a global minimum tax

The prospect of greater rates for the higher-paid has not gone down well, with global minimum tax still a possibility

Tax will go up for high earners if One Bermuda Alliance regains power, party leader Cole Simons has said. Asked if taxes would go up under an OBA administration, Mr Simons told The Royal Gazette: “In some cases, yes. I think it will be progressive, ...

The Government should reduce duty on all goods by at least 20 per cent to address the cost-of-living crisis, the president of the Bermuda Industrial Union has asserted. Chris Furbert was speaking at the first of four town hall meetings organised by ...

A government brochure full of policy information that was already publicly available was deemed by the Opposition to be “propaganda”. Doug DeCouto, a One Bermuda Alliance senator, added that public funds should not be spent on producing political adv...

A new senator went on the attack as he delivered his maiden speech in the Upper House yesterday. Douglas De Couto, of the Opposition One Bermuda Alliance, said that minor reductions in taxes were “trinkets” handed out by the Government to distract f...

The Premier is a “slippery-tongued” deceiver who has hiked payroll tax, the Opposition leader told the House of Assembly yesterday. Cole Simons accused David Burt, also the finance minister, of deliberately misleading the public. He said: “The Minis...

Reduced electricity bills could be in the pipeline if government revenue and expenditure pan out as predicted this year. The pledge was one of several relief measures promised by David Burt, the Premier and finance minister, during yesterday’s Budget...

A balanced Budget has been pushed back a year to 2024-25, the Premier said last night. David Burt, who is now also the Minister of Finance, explained that the postponement was needed to let the Government implement its economic recovery plan and fund...