Full Document: 2022/2023 Budget Speech
The Government is cutting vehicle licensing fees for private cars by 10%, $5 million has been budgeted to purchase additional new buses and to refit one of our fast ferries, $1 million has been allocated for a new islandwide CCTV system, registered charities who earn a majority of their funds from donations are exempt from land taxes, and the payroll tax concessions for hotels, restaurants, bars and nightclubs will be extended for at least another six months to support these businesses.
These were a few of the items mentioned this morning [Feb 25], as Premier and Minister of Finance David Burt delivered the 2022 Budget in the House of Assembly. A copy of the full Budget statement is below, you can view our live blog on the Budget here, all our coverage of the 2022 Budget here, and the full speech is below.
The full Budget Speech is below [PDF here]:
Fin tech has been a success, release the job figures on fintech..
He won’t. #bermudadictatorship
A directionless budget, given by someone not fit for the job.
Weird actually, full of rhetorical inconsistencies and short on detail. No tax increases, even tax cuts, but then says hiring freeze and cuts in services while promising pay rises for civil servants.
What the everlasting f**k is he talking about? The man is unhinged.
It’s like a budget written by a well-meaning 13-year-old. Reduce car taxes, buy more buses, make sure churches don’t pay land taxes, and ignore the enourmous catastrophic problems that are ruining the country. It looks like something he cooked up in ten minutes.
There you go friends and family,the worst premiers here for you again.