110922 results returned for search: "" category ("Other" AND "News")
Finance Minister Paula Cox yesterday raised payroll tax to 16 percent — up from 14 percent — as she attempted to get to grips with the economic crisis with a $1.2 billion Budget.
Critics said the working poor are being unfairly punished for Governmen...
DATE: Feb 27, 2010
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AUTHOR:
Tim Smith
Hospital patient subsidy claims were the cause of a $15 million budget overrun by the Ministry of Health last year.
The overrun drove total spending to $194,803 million.
The subsidy claims ran up to $15,000,279.
King Edward VII Memorial Hospital (KEM...
DATE: Feb 27, 2010
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Education had its budget cut by almost $6 million despite Finance Minister Paula Cox highlighting children as Bermuda's future.
The budget for this year — $143 million — is $5.9 million less than last year's $149.1 million.
Ms Cox said the Ministry's...
DATE: Feb 27, 2010
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With the Department of Tourism's budget increasing 19 percent to $38 million some sections saw large increases in the funds allocated to them while others saw their budgets drastically cut.
Here is a breakdown of the areas which saw the biggest chang...
DATE: Feb 27, 2010
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The completion of the new Hamilton Police and court building will cost taxpayers almost $34 million this year, bringing the total cost of the development to nearly $92 million.
The 2010/11 Budget gives total allowed funding (TAF) for the project of $...
DATE: Feb 27, 2010
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CATEGORY:
Other
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AUTHOR:
Sam Strangeways
• Employers and employees will pay an additional dollar of tax per every $100 of taxable remuneration.
• High earners will have to pay tax on their salaries up to $750,000 — it was previously tax-free after the first $350,000.
• The payroll tax hike ...
DATE: Feb 27, 2010
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The Department of Civil Aviation received an extra $2.9 million in this year's Budget but is expected to produce an additional $3.6 million in revenue.
In yesterday's national Budget the Department of Transport saw its budget rise to $82.9 million, u...
DATE: Feb 27, 2010
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Raising payroll tax will do nothing to help struggling companies and could lead to job losses and a prolonged recession, business leaders warned yesterday.
Finance Minister Paula Cox announced a hike for standard payroll tax from 14 percent to 16 per...
DATE: Feb 27, 2010
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CATEGORY:
Other
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AUTHOR:
Sam Strangeways
A group of Bermudians hit the tents at Bryant Park for Fashion Week in New York City, representing Bermuda to the fullest.
Donned in a different pair of Bermuda Shorts each day, the fashion ambassadors garnered attention from celebrities, designers a...
DATE: Feb 26, 2010
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Traffic offence arrests
Three people were arrested for drunk driving, and three burglaries were reported to Police over the weekend.
Police also reported eight damage-only accidents, seven collisions resulting in injury and seven vehicles reported ta...
DATE: Feb 26, 2010
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