269 results returned for search: "tax reform commission"
Dear Sir,
Additional government revenue is sorely needed. The reason for this letter is my concern about the impact of new taxes at a very delicate time. We’ve been reading about a potential new rental tax for 2022. This will increase the cost of doi...
DATE: Feb 02, 2021
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CATEGORY:
Letters to the Editor
Economists, perhaps conscious of the difficulties of accurate economic forecasting, are reluctant to engage in hyperbole. Even if the sky was falling, they would find a way to explain why it might not happen, or why it might actually be a good thing....
DATE: Jan 27, 2021
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CATEGORY:
Editorials
The One Bermuda Alliance has called for more support for Bermuda’s farmers and fishermen and for funding for school repairs or renewable energy schemes which would make Bermuda more self-sufficient and create jobs.
Cole Simons, the Leader of the Opp...
DATE: Jan 26, 2021
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CATEGORY:
Budget
Bermuda faces a “fiscal cliff” if its debt-to-revenue ratio, currently at 340 per cent, continues to rise.
An adverse but “far from inconceivable” scenario would see Government debt on an unsustainable trajectory, leading to a credit rating downgrade...
DATE: Jan 21, 2021
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CATEGORY:
Economy
A “wholesale review”of Bermuda’s tax system will be completed by the end of the year after legislation was passed in the Senate yesterday.
The Tax Reform Commission Amendment Act 2020 – which will enable the Minister of Finance to set up the commissi...
DATE: Jan 15, 2021
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CATEGORY:
Politics
“Fundamental changes” to Bermuda’s taxation regime could come with some form of tax on rental income in the 2022-23 Budget, the Premier has revealed.
David Burt said the Tax Reform Commission, set up in 2017, continues to examine an overhaul of taxat...
DATE: Jan 11, 2021
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CATEGORY:
Politics
Exactly 100 days after David Burt led his Progressive Labour Party to an historic landslide election victory on October 1, 2020, the Premier sat down with The Royal Gazette for an exclusive interview on Friday. This is the full interview.
Will t...
DATE: Jan 11, 2021
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CATEGORY:
Politics
The Inter-Agency Committee for Children and Families welcomes the Government’s 2020 Throne Speech.
From early in the speech and throughout, the Government makes a clear commitment to social priorities.
In 2014, the IAC conducted a comprehensive Asse...
DATE: Nov 16, 2020
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CATEGORY:
Opinion Writer
Yesterday’s revised Budget gave us a much clearer picture of the hammer blow that Covid-19 has dealt to public finances.
An eye-watering $295 million government deficit for the year ended March 31, 2021, is partly the result of ramping up spending t...
DATE: Nov 14, 2020
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CATEGORY:
News
A capital gains tax for Bermuda is neither on the table nor off it, the Government has said.
It has invited the Tax Reform Commission to revisit its 2018 recommendations and to suggest updates.
Curtis Dickinson, Minister of Finance, said: “We are goi...
DATE: Nov 12, 2020
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CATEGORY:
Business