Payroll Tax Card Payment Fee To Rise On Oct 1
The Office of the Tax Commissioner advised that “effective 1 October 2026, the recharge fee applied to Payroll Tax payments made by credit or debit card will increase from 1.5% to 2.5%.”
A Government spokesperson said, “The increase to 2.5% aligns the recharge fee more closely with the actual charges imposed by the Government’s banking and payment service providers.
“Taxpayers who wish to avoid the recharge fee must use electronic bank transfer [direct debit]. To register to pay via direct debit please complete the Electronic Funds Transfer [EFT] Form that can be located mid-way of the welcome screen once logged in at www.etax.gov.bm. The EFT applications are typically processed within 48 hours.
“The Office of the Tax Commissioner remains committed to providing secure, efficient, and accessible payment options while ensuring the prudent stewardship of public funds and the fair allocation of costs associated with tax collection services.
“For further information please email taxenquiry@gov.bm.”
And the cost of living keeps skyrocketing while this inept government does nothing. If you still vote for the PLP, you’re either and idiot or corrupt at this point
According to the PLP Government the rate of retail price inflation in Bermuda has been consistently lower than that in the U.S., the U.K., and Canada for the past 5 years or more