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“He didn’t know where he was going, when he got there he didn’t know where he was and when he got back he didn’t know where he had been…. and he did it all at the taxpayers expense” paraphrased from Winston Churchill. In October 2011 our first artic...

A standardised 25 percent duty rate on imported personal goods was approved by MPs last night. Personal duty free allowance for goods brought in through the airport will also increase from $100 to $200 per person under the Customs Tariff Amendment Ac...

A law change enabling a standard 25 percent duty rate to be charged on goods imported for personal use was introduced in the House of Assembly by Premier and Finance Minister Paula Cox. The Island’s courier companies hit out at the move when it was f...

More than 200 people showed up yesterday for the Bermuda FATCA Forum, hosted by KPMG. Following closely on the heels of the Foreign Account Tax Compliance Act proposed regulations that were released by the US Internal Revenue Service, the interactive...

A huge rise in the cost of fuel and power were the main cause of a slight rise in inflation in January, statistics released today show. The Consumer Price Index measured inflation at three percent in January a rise of 0.1 percent on the previous mont...

Government has tabled an amendment that would limit land tax exemptions for the Island’s seniors. The Land Tax Amendment Bill 2012 rolls back the full land tax exemptions granted in 2005 to units occupied by seniors with Bermudian status. Under the a...

But Government defends its policies, saying it has acted with ‘prudence and restraint’ By Ayo Johnson Shadow Finance Minister Bob Richards poured scorn yesterday on Premier Paula Cox’s argument that the National Debt is affordable, saying she is usin...