An increase in taxes is far more likely to be in our future than meaningful cuts to government expenditures, with the exception of government’s intention to trim expenses by identifying more efficient ways of delivering on its obligations.
The island...
DATE: Jan 30, 2019 | CATEGORY: Other | AUTHOR: Duncan Hall
New taxes could be in the pipeline for the 2019-20 Budget, the Minister of Finance said yesterday.
Curtis Dickinson said in his pre-Budget report that possible taxes included one on homes where the main function was for rental to tourists or to empl...
Preliminary results of the island’s assessment by the Caribbean Financial Action Task Force, have been discussed by the Financial Policy Council, which is headed by Curtis Dickinson, Minister of Finance.
The CFATF assessed the island’s anti-money leg...
DATE: Jan 15, 2019 | CATEGORY: Other | AUTHOR: Business Staff
Bermuda’s economy is facing challenges on multiple fronts as it heads into 2019.
A potent combination of increasing taxes, growing external threats to the island’s international business sector from the likes of the European Union, consolidation in t...
Bermuda has been warned that on present trends it is heading for a downward spiral of demographic and economic decline.
Experts added that the Government has taken a significant step back from fiscal targets set a year ago, with projected lower reven...
Readers, take a look at the table accompanying this article. Have I missed or duplicated anything?
Reviewing the Tax Reform Commission report, all 76 pages, requires more study time than publishing deadlines permitted. I encourage you all to have a ...
A more efficient Government could emerge alongside changes to the tax system in efforts to shore up the public purse, MPs heard last night.
It was hoped a balance would be struck between trying to increase income while also cutting costs.
Legislator...
The first Throne Speech of this Progressive Labour Party government, which was delivered in September 2017, made many promises and, while many items have been addressed, much remains to be done in spite of one minister at the time, who was fired or r...
DATE: Nov 19, 2018 | CATEGORY: Other | AUTHOR: Michael Dunkley
Boosting Bermuda’s population must accompany proposed overhauls for its tax regime, according to a tax reform report tabled on Friday in the House.
The bipartisan Tax Reform Commission’s recommendations, built from 400 hours of research, was hailed b...
DATE: Nov 19, 2018 | CATEGORY: Other | AUTHOR: Jonathan Bell
The Bermuda Government could reap an extra $147 million over a two to three-year period if policy recommendations from the Tax Reform Commission are implemented, MPs heard this morning.
The commission’s report was tabled in the House of Assembly by W...
DATE: Nov 17, 2018 | CATEGORY: Politics | AUTHOR: Jonathan Bell
