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Land tax will be increased for the Island’s most expensive homes, according to legislation approved in the House of Assembly. The Land Tax Amendment Act increases taxes for properties with an annual rental value of between $90,001 and $110,000 from 9...

The amendment to the 1995 act would see the rate raised from four percent of gross earned revenue, up to six percent. Finance Minister Bob Richards assured the House that the Bill “will not hurt Bermuda’s competitiveness”.

Changes to a US tax law that will affect US citizens living in Bermuda will be the subject of a seminar presented next week by James Paul Sabo, president of ETS Ltd and author of the US Tax Issues column in The Royal Gazette. The seminar, which will ...

January 10, 2013 Dear Sir, As small businessmen, we are ever trying to improve our business. It has come to our attention that if our business should see success, and is able to expand and consider hiring additional Bermudian staff, our payroll tax r...

LONDON (Bloomberg) — Britain’s tax and spending watchdog attacked the revenue office for failing to prevent tax avoidance among individuals and said more needs to be done to tackle the aggressive use of loopholes. The National Audit Office praised He...