155020 results returned for search: "" category "News"
A poignant ceremony celebrating the kindness shown by East End residents to US Navy Midshipman Richard Sutherland Dale, the last casualty of the War of 1812, was marked this weekend with the laying of wreaths at his grave.
Midshipman Dale died in 181...
DATE: Feb 26, 2017
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Other
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AUTHOR:
Jonathan Bell
The rise may appear to be modest: 56 more jobs existed as of August 2016 over those reported in the previous year.
However, the 0.2 per cent increase raised the tally of jobs from 33,319 in 2015 to 33,375 last year — the first increase seen in Bermud...
DATE: Feb 25, 2017
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AUTHOR:
Jonathan Bell
Banks, insurance companies and money service businesses will face a new financial services tax, generating more than $11 million per year.
The biggest hit will be for money service businesses, which will have to pay 5 per cent on their aggregated inc...
DATE: Feb 25, 2017
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CATEGORY:
Other
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AUTHOR:
News Staff
Overseas corporations will end up paying a considerably higher fee to reduce their tax liability by running their business through Bermuda.
While the practice contains “nothing whatsoever illegal”, finance minister Bob Richards said the island had ta...
DATE: Feb 25, 2017
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CATEGORY:
Other
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AUTHOR:
Jonathan Bell
Bob Richards issued a stark warning on the importance of tackling the island’s debt and added that a casual attitude towards extra borrowing would be “irresponsible and dangerous”.
The finance minister made the comments in his annual Budget statement...
DATE: Feb 25, 2017
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Donald Trump’s plans to cut American tax rates is “a very serious risk” to Bermuda’s economy, finance minister Bob Richards warned yesterday.
Mr Richards said: “The threat level to our international model has never been as high or as imminent as it i...
DATE: Feb 25, 2017
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CATEGORY:
Other
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AUTHOR:
Raymond Hainey, Assistant News Editor
Students around the island have been getting revved up about motorcycle racing thanks to a community outreach initiative launched by the Bermuda Motorcycle Racing Club.
The club has been teaming up with schools to provide sessions for students to exp...
DATE: Feb 25, 2017
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CATEGORY:
Other
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AUTHOR:
Sarah Lagan
The Bermuda Government’s lawsuit against the Lahey Clinic points to e-mails between Ewart Brown and executives at the hospital as evidence of the alleged “corrupt enterprises” they took part in “at the expense of the Bermudian Government and people”....
DATE: Feb 25, 2017
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CATEGORY:
Other
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AUTHOR:
Sam Strangeways
Family charities and business associations have welcomed the move by the Government to reform the structure of the payroll tax system.
In yesterday’s Budget, Bob Richards, the Minister of Finance, told MPs that the Government was looking to bring tax...
DATE: Feb 25, 2017
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As the finance minister initially indicated, the Budget contains both good news and bad. The good news is that the tabled Bermuda payroll tax system is more progressive. This will be welcome relief for those in the lower-income categories who despera...
DATE: Feb 25, 2017
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CATEGORY:
Other
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