01/30/2023
"Fairer Alternative" which promoted immediate savings, getting more money from the corporate sector and reviewing the work of government while delaying any decision on GST until next term once those actions had taken effect.
01/30/2023
The tax regime has remained relatively the same despite changes in society
01/26/2023
The new set-up adds all-important advisory services to the firm’s client offering.
01/26/2023
The package would put off any decision on GST until all those changes and work has been done.
01/23/2023
Those two deputies have also launched an attempt to raise the income tax personal allowance from £13,025 to £18,550 – the same as Jersey which collects GST at 5%.
01/20/2023
He argued this approach could “improve competitiveness and widen the tax base” simultaneously, and that locking in these tax rates would “encourage spending discipline”.
01/20/2023
Over 80% of respondents believe the tax burden should be shouldered more equally between corporates, individuals and the public service.
01/18/2023
One issue was that the tax review had missed opportunities, including establishing a territorial corporate tax regime which is the basis of Deputy Charles Parkinson’s amendment.
01/18/2023
The Top Employers Institute programme certifies organisations based on the results of their HR Best Practices Survey.
01/17/2023
Next week the States will debate the Tax Review which recommends a 5% GST along with wider changes to income tax and social security charges.
01/16/2023
Their plans would set in train reviews of corporate tax and what government does, as well as quickly close the public sector pension scheme to new entrants in favour of an alternative package with less risk to the taxpayer.
01/12/2023
The changes affect Luxembourg tax transparent entities operating in Luxembourg with foreign shareholders where those shareholders hold at least 50% of voting rights or capital in the Luxembourg entity or hold entitlements to at least 50% of its profits.
01/09/2023
Stanleybet insists the ADM still denies the company entry into Italy’s licensing system nad accuses the regulator of having “a historical aversion to Stanleybet”
01/06/2023
The joint objective of the Ministry of Finance and Department of Inland Revenue is two-fold - to boost both Business Licence and real property tax revenue.
01/05/2023
That will focus on corporate tax reform as an alternative to a GST - Deputy Parkinson has argued in favour of a territorial corporate tax system instead of the current zero-10 arrangements to raise more revenue.
12/15/2022
Jersey has received the highest rating available in an assessment of its practical implementation of the Common Reporting Standard (CRS) in a report published.
12/12/2022
Besides VAT evasion, the revenue system is plagued with rampant direct tax evasion. About a third of the individuals who have a taxpayer’s identification number submit their income tax returns.
12/12/2022
It proposes a separation of Bermuda’s exempted company employers, singled out for a higher contribution rate in the employer portion of payroll tax
12/08/2022
The committee believes that "many people" will be better off as a result of this package of measures and it is also warning that "if we do nothing, we’re genuinely concerned that (providing essential services) won’t be possible.
12/07/2022
Chamber believes that the constituent parts of the States’ shortfall have now been adequately bottomed-out in the most recent tax review policy letter