Hashtag: #BermudaBudget
Video: OBA Deliver Budget Reply
[Updated] One Bermuda Alliance [OBA] Leader Cole Simons is set to deliver the Opposition’s Reply to the Budget in the House of Assembly today [March 4], responding to the 2022/2023 Budget delivered by Premier and Minister of Finance David Burt last week. Update: The live broadcast has concluded and the replay is below Update: The full Reply to the... Read more of this article
Ministry Of Health 2022/23 Budget: $194,500,012
The Ministry of Health’s budget for the 2022/23 financial year is $194,500,012, Minister of Health Kim Wilson said. Minister Kim Wilson said, “Today, I am pleased to provide highlights of the 2022/2023 Budget Allocation for the Ministry of Health. “The Ministry comprises four departments: the Ministry of Health Headquarters, which... Read more of this article
Video: BNV Panel Discussion On Budget
Craig Simmons, Cheryl Packwood, and Cordell Riley will be joining Bernews at 8.00pm this evening [March 3] for the latest episode in the Bernews News & Views series, with the trio set to discuss 2022 Budget, the economy and more. All three are very well known locally and experts in their fields; Cordell Riley is the Institutional Researcher at... Read more of this article
Video: Premier Hosts Press Conference
[Updated] Premier and Minister of Finance David Burt will be holding a press conference at 12.30pm this afternoon [March 1], and we will have additional coverage once it concludes, and in the meantime the live video will begin this afternoon. The press conference is a ‘post budget’ press conference and it was originally scheduled to be an... Read more of this article
‘Declining Population Increases Cost Of Living’
We “have a demographic challenge in Bermuda” and “if we do not reverse these trends, it will lead to economic disaster for Bermuda,” Premier and Minister of Finance David Burt said, adding that a declining population increases the cost of living, an ageing population increases the cost of healthcare and a shrinking workforce... Read more of this article
Payroll Tax Concessions & New Hire Extended
The payroll tax concessions for hotels, restaurants, bars and nightclubs will be extended for at least another six months and the ‘New Hire Relief’ will be extended for a further two years. Extension of Payroll Tax Concessions for Hotel & Restaurant Industry In delivering the 2022 Budget, Premier David Burt said, “Mr. Speaker, since... Read more of this article
OBA: “This Was Not A Responsible Budget”
“This was not a responsible Budget. Instead, it felt like a political one — an election budget.” One Bermuda Alliance [OBA] Leader Cole Simons today. Mr Simons said, “Residents of Bermuda have all been waiting to hear the 2022/2023 Budget with anticipation. “It’s no secret that many are struggling to make ends meet. It... Read more of this article
PwC Release 2022 Budget Highlight Summary
Following the delivery of the 2022/23 Budget this morning [Feb 25] by Premier and Minister of Finance David Burt, PwC Bermuda released a highlight summary sheet. View all our coverage of the 2022 Budget here and our live blog here. The summary below was provided by PwC: Related Stories ‘Declining Population Increases Cost Of Living’ Car... Read more of this article
Deloitte Release 2022/23 ‘Budget Snapshot’
Following the delivery of the 2022 Budget by Premier and Minister of Finance David Burt this morning [Feb 25] in the House of Assembly, Deloitte released a ‘Budget Snapshot’, which highlights some of the key points from the Budget Speech, and follows in full below. You can click here to view our live blog, and click here to view all our coverage... Read more of this article
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... Read more of this article
Charts Only: 2022-2023 Bermuda Budget
For those seeking a quick visual view of the 2022 Budget delivered in the House of Assembly by Premier David Burt this morning [Feb 25], the charts extracted from the Budget are below. For comparison’s sake, charts from the 2021 Budget are here, 2020 Budget are here, 2019 Budget are here, 2018 Budget are here, 2017 Budget are here, the 2016 Budget... Read more of this article
Car Licensing Fees To Be Reduced By 10%
“This year, to provide further relief across the board to all residents, the Government is cutting the vehicle licensing fees for private cars by 10%,” Premier and Minister of Finance David Burt said. In delivering the 2022 Budget today, Premier Burt said, “It has long been a known irritation in Bermuda that the birthday gift from the Government... Read more of this article
