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An increase in land-holding charges that had been due to come into effect this month is facing further delays.
The increases, ranging from 5 per cent to 12.5 per cent depending on the types of property, are expected to be deferred until March 2019.
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DATE: Mar 23, 2017
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CATEGORY:
Other
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AUTHOR:
Sarah Lagan
A number of the world’s richest billionaires who have connections to Bermuda are included in Forbes World Billionaires 2017 list.
Among them is former New York Michael Bloomberg, 75, who owns a property in Bermuda. He is ranked tenth on the list with...
DATE: Mar 23, 2017
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CATEGORY:
Other
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AUTHOR:
Scott Neil
Spending on financial intelligence came under the spotlight during the Budget debate on the Ministry of Legal Affairs.
The Financial Intelligence Unit has been allocated $1.6 million for 2017-8, up from $1.5 million last year.
During the House of Ass...
DATE: Mar 23, 2017
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CATEGORY:
Other
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AUTHOR:
Sarah Lagan
The White House has announced that a tax bill making major changes to current tax law will be passed by August 2017. Seemingly lost in the discussion of what changes will be made is the repeal of the Estate Tax that is celebrating its 101st birthday,...
DATE: Mar 23, 2017
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CATEGORY:
Other
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Legislation to reform the payroll tax and customs duty regimes and help introduce casino gaming in Bermuda was passed by senators last night.
The Payroll Tax Amendment Act 2017, the Customs Tariff Amendment Act 2017 and the Casino Gaming (General Res...
DATE: Mar 23, 2017
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CATEGORY:
Other
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Repeated attacks from the floor of Parliament have prompted the Bermuda Casino Gaming Commission to break its silence with a sharply worded statement querying the capabilities and motives of its critics.
Commission member Alan Dunch also refuted clai...
DATE: Mar 23, 2017
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CATEGORY:
Other
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AUTHOR:
Jonathan Bell
An initiative involving some of Bermuda’s most famous footballers to stem the violence surrounding the sport and island’s clubs is needed to help avoid a “national security issue”, according to one frontline outreach worker.
The warning from communi...
DATE: Mar 23, 2017
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CATEGORY:
Other
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Kim McIvor loved sports as a child.
There wasn’t much else going on in rural Hubbards, Nova Scotia.
Her life hasn’t changed much since she moved here in 2009.
It isn’t unusual for the 37-year-old to be cycling at 5am; she’s also proud to have two Ir...
DATE: Mar 23, 2017
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CATEGORY:
Other
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AUTHOR:
Jessie Moniz Hardy
Vinzie Zuill believes you’re never too young for football.She bought one for her 20-month-old son, Desani, when he was still in the womb.“I was back on the football pitch five days after he was born,” said the 33-year-old. “As soon as I came out of t...
DATE: Mar 23, 2017
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CATEGORY:
Other
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AUTHOR:
Jessie Moniz Hardy
The Sandys branches of the Bermuda Progressive Labour Party is hosting its Annual Week of Activities this month under the theme ‘Unity in the Community’.
The week begins on Sunday, March 26 with a church service at the First Church of God on Sound Vi...
DATE: Mar 23, 2017
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CATEGORY:
Other
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AUTHOR:
Sarah Lagan
