The public can clearly see that this government is bereft of ideas to stimulate the Bermuda economy. All we are hearing about is all the wonderful ways the Progressive Labour Party thinks it can tax us into prosperity. What exactly is the plan to gro...
Bermuda’s shifting population demographics over the next seven years are expected to present significant challenges for the island’s business community.
As outlined in the recently released report, Bermuda’s Population Projections, 2016-2026, the isl...
DATE: Jan 31, 2019 | CATEGORY: Other | AUTHOR: Duncan Hall
The Fiscal Responsibility Panel report reviewed the evolution of the all-important debt/revenue ratio under different scenarios — and also included a projection based on the recommendations of the Tax Reform Commission being implemented by Government...
DATE: Jan 30, 2019 | CATEGORY: Other | AUTHOR: Duncan Hall
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...
