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Tax

05/07/2025

Bermuda announces tax relief measures in new budget

The budget also increases the duty-free allowance for returning residents from $200 to $300; the first adjustment to this allowance in more than ten years.

05/05/2025

Birmingham inheritance tax bombshell as expert warns of family feuds

Risk of families being dragged into frozen tax has rocketed with levy stuck at £325k for more than 15 years

05/05/2025

Super tax battle must start before it drives the rich offshore and triggers another house price surge

Crucially, because there is no arrangement to index the new tax to inflation, it is going to affect a rapidly widening segment of the population in years to come.

05/01/2025

Bowe urges tax harmonization as DMTT impacts banking sector

“The issue that has been raised with the government is that you have the potential for double taxation,” said Bowe.

04/30/2025

Tax season 2025 by the numbers: Strategic planning for businesses

For business owners, reading between the lines of this data can unlock strategic moves that save money and reduce tax friction, Ramp explains.

04/28/2025

Grant Thornton expands reach with new global partnerships

The firm confirmed that these new firms will be integrated into the broader Grant Thornton International network, which operates in over 150 global markets.

04/28/2025

Domestic minimum top-up tax erodes FINCO's Q1 net profits

It notes though, that the declines were partially offset by the bank’s reduction in operating expenses.

04/28/2025

Employers and contractors tax deadline looms

A £250 penalty applies if returns are late

04/25/2025

Grant Thornton (Cayman) LLP to join multinational platform led by Grant Thornton Advisors LLC

The expanded platform will continue to be part of the Grant Thornton International Limited network, which comprises member firms in more than 150 markets worldwide.

04/25/2025

Panama City Officially Signs with One of the Biggest Local Banks to Process Tax Payments in Bitcoin

Through this collaboration, the city can now accept crypto payments without requiring new legislation, making the process simpler and more efficient.

04/17/2025

Panama City to accept crypto for taxes, permits and fines via bank conversion

Panama City now joins other cities across the globe in permitting cryptocurrencies for municipal payments.

04/17/2025

Slim majority back scrapping rental value tax

The survey questioned 1,000 people aged 25 and over in both German- and French-speaking parts of Switzerland.

04/15/2025

BDO Jersey Wins Prestigious Outsourcing Firm of the Year Award

As one of the largest independent firms of accountants and advisers in the Channel Islands, BDO Jersey combines local expertise with the global strength of the BDO International network.

04/14/2025

Nine years later Panama Papers still driving global tax justice efforts

Since its publication, the Panama Papers have ignited more than just headlines; they’ve reshaped the way governments approach financial transparency and tax compliance.

04/11/2025

Cayman’s strong regulation and tax neutrality makes it attractive for global capital: CIRCA’s Mitchell

Tax neutrality in Cayman makes it a magnet for global capital

04/10/2025

Ogier Global partners with leading tech platform Yardi to further enhance real estate services

The adoption of Yardi’s investment accounting will further enable Ogier Global to simplify complex financial processes and improve reporting accuracy.

04/10/2025

Double Taxation agreed with Bahrain

Prior to the vote, Policy and Resources said the agreement would meet “BEPS minimum standards”.

04/09/2025

Fiscal Responsibility Council flags unclear impact of VAT cut in mid-year budget

While the policy response of reducing VAT on unprepared food aims to ease the burden on households, no supporting projection for the forgone revenue was provided.

04/04/2025

Cabinet Shifts Land Tax Management to Belize Tax Services for Greater Efficiency

The process will be implemented gradually, with a phased transition period of 12 months.

03/31/2025

MPs approve penalties for corporate income tax

Douglas De Couto, the Shadow Minister of Finance, said the One Bermuda Alliance supported the legislation.

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