02/15/2023
The BVI has requested a supplementary review to more accurately reflect the current legislative status with a view to having the BVI removed from the list as soon as possible.
02/15/2023
A personal allowance uplift of £400 has been added which Deputy Soulsby said will make the package more progressive, whilst modest tax increases will be levied against those earning more.
02/14/2023
The List was published last Friday by the Official Spanish Gazette, and “will be submitted to review according to international legislation and the different national advances”.
02/14/2023
The leak made headlines worldwide and was called the Pandora Papers.
02/13/2023
The EU takes into account who is on its list of non-cooperative jurisdictions for tax purposes in its foreign policy decisions when considering development cooperation and other economic relations with third countries.
02/10/2023
For example that insurer was using VAT paid on medical bills as an input to reduce the amount of VAT they paid to the government.
02/08/2023
The Policy & Resources Committee will have to try and get the States to support one of these plans by a majority next week, when the Tax Review debate resumes on 15 February.
02/07/2023
“The basic fact is that we collect less than 40 percent of the real property tax that is billed annually,” he said.
02/06/2023
Squeezing blood from a stone is what we’re trying to do by having a regressive tax system that focuses its attention on consumption based taxes,” Mr Bowe told this newspaper.
02/06/2023
He would shut down communications and take possession of the offshore property of non residents.
02/03/2023
That GST now stands at 5% and is levied on all items including food.
02/02/2023
The reality is that the British Virgin Islands has a robust anti-money-laundering and anti- terrorist-financing regime through the enactment of the Proceeds of Criminal Conduct Act 1997
02/01/2023
P&R met, for what is believed to have been the first time all five committee members were together since last week's Tax Review debate.
01/30/2023
Such news will not dramatically decrease costs for Bermuda family wallets.
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”.