Hashtag: #2013Budget
PwC 2013/14 Budget Highlight Summary
Following the delivery of the 2013/14 Budget this morning [Feb 22] by Minister of Finance Bob Richards, PricewaterhouseCoopers Bermuda released a highlights summary. Tom Miller, PwC Partner, commented on the budget: “It’s a budget that recognises the seriousness of our fiscal situation, while taking actions to make the Island more competitive and... Read more of this article
Live Blog Updates: 2013/14 Bermuda Budget
[Updated] Finance Minister Bob Richards is set to deliver the 2013 Budget in the House of Assembly this morning [Feb 22], which will set out the Government’s financials plans for the upcoming fiscal year. This will be the first budget devised by Minister Richards on behalf of the One Bermuda Alliance Government, who took control following their... Read more of this article
“Budget Puts Everyone But Bermudians First”
The 2013/14 Budget gave non-Bermudians and employers tax relief, while everyday Bermudians and seniors will see their cost of living go up, Shadow Finance Minister David Burt said today [Feb 22]. Budget highlights include raising the debt ceiling from $1.45 billion to $2.5 billion, reducing the fees for non-Bermudians to purchase property, commencing... Read more of this article
Property Fees For Non-Bermudians Lowered
[Updated] In this morning’s [Feb 22] Budget statement, Finance Minister Bob Richards revealed that licence fees for non-Bermudians purchasing property will be lowered in a bid to boost jobs, the construction industry, and customs duties. License fees will be reduced from 25% to 8% for those purchasing Bermuda homes, lowered from 18% to 6% for... Read more of this article
Chamber: ‘Encouraged By Honest Approach’
The Bermuda Chamber of Commerce responded to the 2013/14 Budget delivered this morning [Feb 22] by Finance Minister Bob Richards, saying they are “encouraged by the refreshingly honest approach taken by the Finance Minister to the 2013 Budget.” Peter Everson, Co-Chair of the Chamber’s Economics Committee noted: “The Minister did not... Read more of this article
Deloitte Release 2013/14 ‘Budget Snapshot’
Following the delivery of the 2013 Budget by Finance Minister Bob Richards this morning [Feb.22], Deloitte released a ‘Budget Snapshot’, which follows in full below: Public Debt The statutory debt ceiling will be raised from $1.45 billion to $2.5 billion. Payroll Taxes There will be a 2 year payroll tax holiday for new Bermudian hiring. Payroll... Read more of this article
Full Document & Highlights: 2013/14 Budget
[Updated] This morning [Feb 22] Finance Minister Bob Richards delivered the 2013 Budget in the House of Assembly, the first budget for the One Bermuda Alliance since their victory at the polls in December 2012. You can view our live blog of today’s events here, and some of the highlights and the full budget statement below. Some of the highlights... Read more of this article
Charts Only: 2013-2014 Bermuda Budget
For those seeking a quick visual view of the 2013 Budget delivered in the House of Assembly by Finance Minister Bob Richards this morning [Feb 22], the charts extracted from the Budget are below. For comparison’s sake, charts from the 2012 Budget are here, charts from the 2011 Budget are here, and charts from the 2010 Budget are here. View all... Read more of this article
