Landlords were warned today not to pass a proposed rental tax on to their tenants.
The Government said tenants have called Consumer Affairs reporting that their landlord has informed them their rent will be increased “due to the new tax” from March 1...
Hundreds of people have registered opposition to a rental tax after a seniors organisation called on its members to air their views.
Age Concern Bermuda asked it members for their views on the suggestion, included in a pre-Budget report from the Mini...
DATE: Feb 07, 2019 | CATEGORY: Other | AUTHOR: Fiona McWhirter
In the final article in a five-part series examining the impact of the ageing of Bermuda’s population, we look at the potential solution: economic growth.
Facing an ageing and shrinking population, declining workforce, spiralling healthcare costs, un...
DATE: Feb 01, 2019 | CATEGORY: Other | AUTHOR: Duncan Hall
A proposed tax on rental income could cost people their homes, the finance minister has been warned.
Curtis Dickinson was told that any new tax would hurt people who depended on income from an apartment to pay their mortgages.
Paulette Robinson said:...
DATE: Feb 01, 2019 | CATEGORY: Politics | AUTHOR: Owain Johnston-Barnes
The public can clearly see that this government is bereft of ideas to stimulate the Bermuda economy. All we are hearing about is all the wonderful ways the Progressive Labour Party thinks it can tax us into prosperity. What exactly is the plan to gro...
Bermuda’s shifting population demographics over the next seven years are expected to present significant challenges for the island’s business community.
As outlined in the recently released report, Bermuda’s Population Projections, 2016-2026, the isl...
DATE: Jan 31, 2019 | CATEGORY: Other | AUTHOR: Duncan Hall
The Fiscal Responsibility Panel report reviewed the evolution of the all-important debt/revenue ratio under different scenarios — and also included a projection based on the recommendations of the Tax Reform Commission being implemented by Government...
DATE: Jan 30, 2019 | CATEGORY: Other | AUTHOR: Duncan Hall
An increase in taxes is far more likely to be in our future than meaningful cuts to government expenditures, with the exception of government’s intention to trim expenses by identifying more efficient ways of delivering on its obligations.
The island...
DATE: Jan 30, 2019 | CATEGORY: Other | AUTHOR: Duncan Hall
New taxes could be in the pipeline for the 2019-20 Budget, the Minister of Finance said yesterday.
Curtis Dickinson said in his pre-Budget report that possible taxes included one on homes where the main function was for rental to tourists or to empl...
Preliminary results of the island’s assessment by the Caribbean Financial Action Task Force, have been discussed by the Financial Policy Council, which is headed by Curtis Dickinson, Minister of Finance.
The CFATF assessed the island’s anti-money leg...