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Major changes to the tax system and the introduction of a levy on capital gains were today signalled in the Progressive Labour Party’s Throne Speech blueprint for the next legislative year. The Throne Speech added legislation would be tabled to alter...

A string of promises to boost the economy and cut the island’s cost of living were unveiled last night in the Progressive Labour Party’s election platform. The manifesto included a Bermuda National Digital Bank to cut mortgage costs and jump-start th...

The Minister of Finance has pledged to “fix” the problem of publicly funded organisations failing to keep up to date with their annual audits. Curtis Dickinson told a post-Budget meeting of business leaders: “I’m not happy about it. We have had chall...

A total of $330,500 in uncashed cheques were left “in a drawer” at a government department, a report to Parliament has revealed. The report by the Efficiency Committee said only $50,000 of the owed cash was claimed back and accused the Government of ...

Government ministers took aim at the One Bermuda Alliance’s Reply to the Budget last night. Curtis Dickinson, the Minister of Finance, said that it was easy to simply call for cost cuts, but much more difficult when the human impact was weighed. Mr D...

Curtis Dickinson told a business audience yesterday that he would have liked to have started from scratch with tax reform, rather than modify the existing code. In his maiden Budget Statement last Friday, Mr Dickinson introduced none of the new taxes...

The 2019-20 Budget Statement is under way. Curtis Dickinson, Minister of Finance, is making his maiden Budget presentation in the House of Assembly. The Royal Gazette is providing a live stream and text updates on this page, as well as Twitter updat...

A proposal to slap a tax on rented homes in the Budget has been taken off the table, the Minister of Finance said yesterday. Curtis Dickinson made the announcement after complaints that landlords had tried to use the suggested levy as an excuse to ra...

Landlords were warned today not to pass a proposed rental tax on to their tenants. The Government said tenants have called Consumer Affairs reporting that their landlord has informed them their rent will be increased “due to the new tax” from March 1...

Hundreds of people have registered opposition to a rental tax after a seniors organisation called on its members to air their views. Age Concern Bermuda asked it members for their views on the suggestion, included in a pre-Budget report from the Mini...