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The prospect of greater rates for the higher-paid has not gone down well, with global minimum tax still a possibility

The new deadine is January 17

Letter writer William Soares tackles the Minister of Finance on the 2023 Pre-Budget Report

David Burt appears to have “learnt his lesson” on consulting over the upcoming Budget after being accused of sidelining Progressive Labour Party MPs ahead of the Throne Speech, according to a senior source. The Premier drew fire from some backbencher...

Economic cheer is thin on the island due to the imminent perfect storm which is aggressively developing for 2023, says One Bermuda Alliance leader Cole Simons

The One Bermuda Alliance yesterday called for a reduction in the size of government and a relaxation of immigration policies in its response to the Pre-Budget Report. In a statement released this afternoon, Cole Simons, the OBA leader, said the econ...

There has been silence so far from business as companies determine how they would be affected by government proposals that represent a radical departure in Bermuda’s corporate tax structure. The package of proposals includes deepening the take from i...

Dear Sir, It was good to read that the budget deficit for the 2021-22 financial year is expected to be less than forecast: government deficit predicted to be $44 million less than original forecast (The Royal Gazette). The following Q&A explains why...

A boost in Government revenue has caused a projected 2021/22 budget deficit to drop by 35 per cent, the Government announced yesterday morning. David Burt, the Premier and the Minister of Finance, told the House of Assembly that based on numbers subm...

When David Burt called a snap General Election in 2020, he justified it on the basis that difficult economic problems were looming and the Government needed a mandate to take the hard decisions that would be necessary. Hard times are indeed here. Pr...

A case management system that is the “lifeblood” of the island’s courts must be replaced as a priority, the Registrar of the Courts said. Alexandra Domingues noted in an annual report that the judiciary was told the funding needed to buy an up-to-dat...

Financial relief is on its way after MPs approved $5.8 million on Friday night to help workers and families struggling with rising prices. David Burt, the Premier, said the money was part of a $15 million package that includes reductions in duty on p...