Would you get tax relief as previously stated for being an entrepreneur or be liable for tax as previously stated. Very broad, vague and contradicting yet again.

I wanted to plays devils advocate so I found and read the’ACT’ . I read that the ”Minister’ has absolute power on who is given the ‘right’ to rent and he only has the last word on pretty much everything!

The wording seemed rushed through with no substance or any real defind regulations.

The ‘Minister’ himself gives the right?? Who gets the money- when do the landlords need to submit everything by- what are the regulations they need to adhere to- where’s the check list – so many questions and none answered by this so called fact sheet. Call to ask- how many mis-informed people will say – they spoke to someone who gave the wrong informtion. How many people are there to answer the phones?

My understanding by also reading in early May from the quote from Mr. Dallas was that Airbnb were to pay BTA direct for all of the Airbnb rented properties- how are Government going to keep who’s who and who’s paid straight. What happens if people book privately and then who knows! Very ambiguous at best.

This sounds very similar to way back when another act was rushed through: Some people paid the Land holders permit and some didn’t!! Where did that money go to??

Whatever happens I don’t suppose this is the end of these conversations!

If we attract enough visitors then there’s plenty to share between these units and the hotels, and it’s somewhat of a different market anyway.

Surely vacation rentals effectively self-regulate since if someone doesn’t get a good review, other people just won’t stay there?

This money stays in Bermuda. Payments to hotels largely don’t, so is it so bad to give these “little guys” a break? Hotels also get bulk discounts, government concessions etc.

There are a lot of people using these units for retirement funds. Surely in all of our best interests for this to happen since otherwise they would struggle to afford to live? Particularly in light of the woeful state of the pension “pot”.

As far as applying this – when do people need to register by? Are existing rentals grandfathered in since this can’t be recouped? What’s happened with the Air BnB discussions (where they would collect it on owners behalf). How is this remitted? The fact sheet doesn’t answer any of the questions that EVERYONE will have. Who on earth is running this? It’s terribly done.

I could go on but am too tired.