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”.
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.