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Premier says Budget Statement’s reference to the coming change was misinterpreted as a fait accompli

David Burt says that Bermuda is not on the verge of implementing income tax but is merely information gathering

Party says the corporate income tax has strengthened the balance sheet and creates breathing room for island finances

Jason Hayward has deftly made himself the frontrunner and, so far, sole candidate to succeed David Burt. The public needs to know more about him

The Premier cites responsible choices, such as implementation of corporate income tax regime, as key

David Burt, the Premier, says in the Budget that compulsory acquisition would be used narrowly and transparently

Funds for the project fall under a $302.5-million sum allocated to the Ministry of Health in the Budget

Premier and Minister of Finance adds that no business will pay more in the employer portion

Ambitious plans depend on fiscal discipline and CIT revenues

The Premier is right to celebrate Bermuda’s strong fiscal position, but he leaves his potetial successors with some knotty problems

Move follows recommendation made last year in report from Tax Reform Commission

Ministry of National Security is allocated $137 million for the 2026-27 fiscal year