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The Progressive Labour Party, via the Minister of Finance, has expressed the belief that the national Budget must reflect not just the times in which we live, but also our core values: protecting the vulnerable, expanding opportunity, employing the u...

Chocolate and sugar-laden breakfast cereals will be affected by the sugar tax from the start of next month, the Government said yesterday. However, drinks with artificial sweeteners instead of sugar will be excluded from the hikes. A spokeswoman for...

Government ministers took aim at the One Bermuda Alliance’s Reply to the Budget last night. Curtis Dickinson, the Minister of Finance, said that it was easy to simply call for cost cuts, but much more difficult when the human impact was weighed. Mr D...

Boosting the working population with more foreigners would help ease financial pressures on Bermudians, the Opposition claimed yesterday. The One Bermuda Alliance said the island needs an attractive immigration policy and expected to see the controve...

Homeowners hit out at changes to land taxes yesterday after revisions announced in the Budget meant people with the lowest value properties could pay more than three times their current rate. A twice-yearly payment of $44 will soar to $150 for someon...

Curtis Dickinson told a business audience yesterday that he would have liked to have started from scratch with tax reform, rather than modify the existing code. In his maiden Budget Statement last Friday, Mr Dickinson introduced none of the new taxes...

This year’s Budget is the first in 16 years to be balanced, the Premier said yesterday. David Burt declared that the island’s debt was to fall “for the first time since 2003”, in a Budget that “reflects our vision, and clearly demonstrates fiscal dis...

Bermuda’s business leaders were overwhelmingly optimistic at the annual Bermuda Chamber of Commerce Budget breakfast. Attendee Zina Edwards Malcolm, called the 2019 Budget “a hell of a relief”. “I am quite relieved that there weren’t any major extra ...

Increases to land tax announced in the Budget will mean greater burdens for a struggling sector, estate agents warned. Property experts feared the changes outlined by Curtis Dickinson, the finance minister, were not enough to stimulate the ailing com...

Funding for an Autism Spectrum Disorder programme for preschoolers has been championed by a charity leader. Minister of Finance Curtis Dickinson announced on Friday that $327,000 would be set aside to develop the programme in 2019-20. Anthony Peets, ...

The Budget presented on Friday was a display of political spin. The feel-good presentations and the facts tell two completely different stories. The facts are that gross domestic product estimates for growth have been revised down by half, revenue fo...