Duty rate approved
Created: Mar 24, 2012 08:48 AM
A standardised 25 percent duty rate on imported personal goods was approved by Senators last night.
Personal duty free allowance for goods brought in through the airport will also increase from $100 to $200 per person under the Customs Tariff Amendment Act.
Meanwhile temporary measures restricting the allowance to one claim per household will be abolished.
Government hopes the new rate on personal goods will encourage people to shop locally.
However courier companies complained it will make life more difficult for Bermudians, especially the construction industry, as homeowners will be charged more on building supplies.
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Published March 24, 2012 at 8:48 am (Updated March 24, 2012 at 8:47 am)
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