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Seniors are upset at getting their first bills since their land tax break was partially withdrawn, according to the Opposition.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...

The Ministry of Finance has announced that Lucia Moreira Peniston has been appointed as the Tax Commissioner. Ms Peniston took up her post on Monday. A Ministry of Finance spokeswoman described her as “a qualified Bermudian accountant who is no stran...

April 19, 2012 Dear Sir, After many years of somewhat questionable decisions, policies and legislation that have placed Bermuda in a financial toilet, the PLP are coming out with a slew of programmes, rules and most importantly, giveaways on borrowe...

The Senate has approved legislation that would extend lower cabin tax rates in Hamilton and St George’s, among other legislation. In a busy session on Friday, the Senate passed the Miscellaneous Taxes Amendment Act 2012, which extends the lower tax r...

Just 13 percent of residents told pollsters they’d be put off buying overseas by the new 25 percent Customs duty rate. The vast majority said they would either carry on as before or be more likely to shop overseas in spite of the new rate Premier Pau...

A new standard duty rate of 25 percent will take effect on April 1 for non-business goods. But a statement released by Government on Friday added that “special” rates of duty, including zero-rates; higher rates (33.5 percent, 75 percent and 150 perce...