Managers of Wealth Offshore

Halkitis: Govt to lose $30M annually due to VAT reduction

Mr Halkitis said this is a tax paid by the consumer thus the vendors will not incur any losses from the change.

Government to forgo $30M in revenue as VAT on food items reduced to 5%

Halkitis explained: “When the FNM took VAT off breadbasket items and some other items, VAT was at 7.5 percent across the board.

Accountants cite key challenges as businesses prepare for license renewals

Among the primary concerns, Albury highlighted the audit and review assurance deadlines.

Pintard slams government’s “punitive approach” to taxes and vehicle regulations

In a statement, Pintard noted: “With every budget cycle, this government finds new ways, directly or indirectly, to impose taxes and fees on the very people they promised to support.

Pintard slams government’s “punitive approach” to taxes and vehicle regulations

There are ways to strengthen the rule of law on the road without sacrificing fairness and compassion.

Luxembourg tax: what's new in 2025?

The global ordinary rate lowers from 24.94% to 23.87% for companies based in Luxembourg City.

Premier bullish about impact of corporate income tax

The Government plans to introduce a statutory 15 per cent corporate income tax that will be applicable to Bermuda businesses

11 new student trainees join PwC Isle of Man’s 2024 intake

Two trainees are school leavers, one of whom spent a year working full-time after completing sixth form.

Jersey and the Global Minimum Tax – the OECD Pillar Two Rules

The laws should be kept under review and advice confirming the application should be sought.

Netcompany-Intrasoft: Leading Europe's tax digitalisation revolution

Netcompany-Intrasoft is bringing public sector revenue management into a new era of digital governance, laying the foundation for economic resilience and prosperity.

Premier predicts slate of tax breaks in next financial year

The Premier said that extra funding for capital projects would speed up road resurfacing after the installation of the new asphalt plant.

BDO Jersey Wins at the 2024 WealthBriefing Awards

The award highlights BDO Jersey’s leadership in the accountancy sector, driven by its Business Services and Outsourcing (BSO) team.

5 tax hacks: how to make financial gifts without a big tax bill

Giving lifetime gifts can be a smart way to reduce your Inheritance Tax (IHT) bill, but gift-givers need to take care.

Tax Alert: Bermuda issues public communication on CIT administration provisions

Per this latest proposed guidance, the Government of Bermuda has determined that the Bermuda CIT registration process will be incorporated into the Annual Return with the Bermuda Registrar of Companies.

Grant Thornton Partner tipped as top tax professional

He also leads Grant Thornton’s tax information exchange service line.

Income tax will be frozen until 2026, Finance Secretary promises

Shona Robison said more people will also be pulled into paying lower rates of tax as thresholds increase by around double the rate of inflation.

The Future of Tax Havens: How Global Reforms Are Shaping Offshore Jurisdictions in 2024

The global minimum tax of 15%, tax transparency measures, and the EU's blacklist are reshaping the role of offshore jurisdictions that once thrived on low or no tax rates.

Rediscovered US tax treaty finds new home in national archives

The treaty was a pivotal document, underpinning Bermuda's success as a premier insurance and reinsurance hub.

Guernsey Adopts OECD's Global Minimum Tax Rate of 15%

This 15% minimum rate is achieved through jurisdictions enacting the OECD's Global Anti-Base Erosion (GloBE) Rules.

The rule change that means you CAN avoid inheritance tax

Hundreds of thousands of Britons already abroad may now find themselves exempt from paying UK inheritance tax without realising it