A top-level shake-up of the Civil Service is to cost taxpayers an extra $40,000, Lovitta Foggo told Parliament yesterday.
The government reform minister said the increase was because the post of Cabinet Secretary and Head of the Civil Service had bee...
Liberty Mutual has reorganised its operations — including its Bermudian-based insurer Ironshore — to better address the needs of brokers and clients.
According to Mitch Blaser, who will assume the title of vice-chairman of Ironshore Bermuda, the chan...
The Bermuda Government stands to reap millions by tightening payroll tax on notional salaries in owner-managed businesses.
Branded an “often-abused part of the payroll-tax system” by David Burt in his Budget speech, notional salaries were estimated t...
DATE: Feb 17, 2018 | CATEGORY: Politics | AUTHOR: Jonathan Bell
David Burt faces a crucial balancing act tomorrow with his first Budget as Premier, former premier Sir John Swan warned.
Sir John called Mr Burt “the best of the best that we could have to lead the Progressive Labour Party”.
“Not only does he have th...
DATE: Feb 15, 2018 | CATEGORY: Politics | AUTHOR: Jonathan Bell
The Tax Reform Commission is facing a difficult but achievable challenge, according to new chairman Ronald Simmons.
Mr Simmons, a former director of the Bermuda Monetary Authority, said he was honoured by the opportunity to serve as chairman.
He said...
DATE: Feb 15, 2018 | CATEGORY: Politics | AUTHOR: Owain Johnston-Barnes
To someone who has written about the Bermuda economy for many years, Bermuda — Back from the Brink, by Bob Richards, the former finance minister, is like a breath of fresh air. It is clear, succinct to the point and written in a take-no-prisoners ...
Accounting and legal services are set to be taxed in next month’s Budget, according to a report by independent advisers of the Bermuda Government.
The Fiscal Responsibility Panel’s annual assessment, published last month, also estimates that Governme...
David Burt has vowed to communicate and listen more as the Progressive Labour Party tackles inequality in 2018.
Delivering his new year’s message yesterday, the Premier said introducing a living wage and reducing the high cost of living in Bermuda wo...
The US tax overhaul is symptomatic of growing protectionism around the world threatening the global business model of Bermudian reinsurers.
That is the view of Bradley Kading, outgoing president of the Association of Bermuda Insurers and Reinsurers, ...
