Log In

A new cross-party group of British MPs and peers is to examine Britain’s tax system — and will consider the abolition of corporation tax. The group, which will start its deliberations in the new year, will quiz government ministers and business leade...

Bermuda has come under the spotlight in a front-page article in the prestigious New York Times highlighting the use of the Island by US hedge fund managers who have pumped millions into presidential campaigns. The article said that hedge fund magnate...

Personal finance website GOBankingRates has labelled Bermuda a tax haven. The Island features in an article highlighting the top ten tax havens worldwide. Bermuda figures at number seven on the list, alongside the Cayman Islands, the Bahamas and Jers...

US Democratic presidential hopeful Bernie Sanders has pledged a crackdown on tax avoidance involving Bermuda and other offshore jurisdictions. Mr Sanders, currently trailing Hillary Clinton in the race for the nomination as presidential candidate, ma...

The Bermuda Government has raised land taxes to avert a potential $19.1 million loss in revenues brought about by the latest annual rental value figures. The ARV has fallen due to the recession and the resultant unemployment and a drop in real estate...

Broad-based tax increases were among the key recommendations of an independent report on the Bermuda’s Government’s efforts to stabilise its finances. The Fiscal Responsibility Panel (FRP), made up of three overseas experts, suggested that the Govern...

An influential UK newspaper has called for Britain to force its Overseas Territories to create a public register of owners of companies. Chris Blackhurst, the group content director of a four-newspaper stable, writing in the London Evening Standard, ...

Bermuda has been linked to a tax row in Botswana involving Ian Khama, the country’s president. It is claimed that the multi-national Wilderness Safaris Group, which operates across southern Africa and includes Mr Khama as an investor, has used a subs...

With Thanksgiving in the rear-view mirror and the Christmas shopping frenzy in full swing, year-end tax-planning takes a back seat to these joyful occasions. Some common year-end tax-saving strategies that a US citizen should consider following. Annu...

Tax authorities in Britain will be given new powers to demand personal financial details from Bermuda. The Island is one of 90 countries that will begin to share the financial details of British residents with HM Revenue & Customs (HMRC) from January...

Employers owe Government more than $100 million in social insurance and payroll tax contributions, it was revealed in the House of Assembly yesterday. The startling statistic came in response to a Parliamentary question to Bob Richards, the Minister ...

The District of Columbia has done a U-turn on a controversial list of tax havens that included Bermuda. The municipality of Washington DC has repealed the 39-jurisdiction list only a week after it came into effect. The Island was included on the list...