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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...

The Tax Commissioner’s office will offer limited service today as employees participate in an off-site training exercise. The office will be open and manned to accept telephone calls and mail and respond to general inquiries only, a Government spokes...

WASHINGTON (Reuters) — Microsoft Corp and Hewlett-Packard Co have pushed back against claims by a US Senate panel that they used offshore units and loopholes to shield billions of dollars in profits from US taxes. Calling tax avoidance rampant in the...

Calling all Americans and those who have US citizenship. Tax experts are holding a seminar to review what you need to know regarding your tax and immigration rights. James Paul Sabo CPA, tax specialist and president, ETS Limited in Bermuda will be di...

A hike in pension contributions will take a little more out of pay cheques, effective this month. According to Department of Social Insurance, the new weekly rate has increased from $60.80 to $64.14 — divided equally between employer and employee at ...

The Ministry of Finance moved to counter what it described as “irresponsible comments,” by Louise Jackson, the Opposition’s seniors’ advocate, over land tax. A Government spokesman said Government had to act to raise revenue — but has worked hard to ...

Seniors are upset at getting their first bills since their land tax break was partially withdrawn, according to the Opposition. Spokeswoman for seniors Louise Jackson said tax demands dropping through mailboxes in recent days have left some over-65s ...

Owners of newly-built high-end properties may face paying higher taxes in the future, as the result of a landmark Supreme Court judgment. Chief Justice Ian Kawaley said the director of Land Valuation has the right to treat newly-built homes with apar...