Tax time doesn’t have to be taxing. The Government of Bermuda’s e-tax system lets you pay your land and payroll taxes online.
Outside of tax time, read about the types of financial assistance available to Bermudians in need, or learn about your options for benefits and pensions in Bermuda.
Due to the delay in the 2025-2026 Budget Statement the Payroll Tax rates for April – June 2025 will remain the same as the 2024 rates shown in the schedules below.
The Economic Development Department (EDD) offers a range of incentives for employers who are committed to job creation and economic growth in Bermuda. These guidelines provide detailed information on the available incentives and the application process for employers.
Payroll Tax Amendments for 2024
The Ministry of Legal Affairs Financial Sanctions Implementation Unit (FSIU) provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
Budget Statement In support of the Estimates of Revenue and Expenditure 2022 - 2023 presented by the Hon. E. David Burt, JP, MP Premier and Minister of Finance
Delivered on: 25 February 2022
The Ministry of Legal Affairs Financial Sanctions Implementation Unit (FSIU) provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
24 August 2023
IntroductionThe administration of Restaurants Temporary Customs Duty Relief (“Restaurants Relief”) will be carried out by the Customs Long Room under the direction of the Assistant Collector of Customs for Commercial Operations.
The Employment and Labour Relations Tribunal, established under the Employment Act 2000, has jurisdiction to hear and determine (including by way of arbitration) complaints, labour disputes, differences, conflicts and other matters referred to it under the Employment and Labour Code.
The budget statement delivered on Friday, February 25, 2022 by the Premier and Finance Minister, the Hon. David Burt, JP, MP resulted in the following amendments to Payroll Tax.
New Hire Relief
Here you will find information relating to the 2021 - 2022 Budget.
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
Our role, as set out in our letters of appointment, is “to provide Bermuda’s Parliament, Minister of Finance and Financial Policy Council with an annual published assessment of the territory’s fiscal strategy, focusing on progress in meeting the territory’s medium term objectives f
Here you will find information relating to the 2018 - 2019 Budget.
Budget StatementThe Liquor License Act, 1974 is the law that governs the granting of liquor licenses, the conduct of licensed premises and the punishment of individuals/companies that break the law.
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
The Tax Reform Commission was formed under the Tax Reform Act 2017 with the objective of advising the Government of any measures to improve Bermuda’s system of taxation and revenue collection, in accordance with the functions set out in section 5 of the Act and the Terms of Reference prescribed b
Currency
Dec. 7th - 13th
Dec. 14th - 20th
Dec. 21st - 27th
Dec. 28th - Jan. 3rd
U.S. Dollar (USD)
1.0000
The Foreign Exchange Rates shown below illustrates the amount of Bermuda Dollars required for buying one unit of foreign currency.
December 2016 Exchange RatesCurrency
December 1 - 7
December 8 - 14
The Foreign Exchange Rates shown below illustrates the amount of Bermuda Dollars required for buying one unit of foreign currency.
December 2015 Exchange RatesCurrency
Dec 1-2
Dec 3-9
Dec 10-16
The Payroll Tax Amendment Act 2017 commenced on 1 April 2017 and it changed the structure of payroll tax into two SEPARATE portions:
The EMPLOYER portion and the EMPLOYEE portion.
In July 2017, as part of its 2017 Platform, the Government issued a pledge to review the Project Agreement between the Bermuda Airport Authority and Bermuda Skyport Corporation Limited to see if Bermuda can get a better deal.
Our Labour Relations Section (“the Section”) oversees the certification and decertification of unions in the workplace, and manages labour disputes in both unionised and non-unionised environments.
Here you will find information relating to the 2017/2018 Budget.
Budget Press Conference Remarkswww.gov.bm/articles/budget-press-conference-remarks
Pre-budget Report 2025-2026
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
The NAMLC provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
Budget Statement In support of the Estimates of Revenue and Expenditure 2023 - 2024 presented by the Hon. E. David Burt, JP, MP Premier and Minister of Finance
The Government of Bermuda is responsible for the integrity, objectivity and fair presentation of the financial statements of the Consolidated Fund.
Here you will find information relating to the 2016/2017 Budget.
Updated May 2024
The Bermuda Ministry of Finance wishes to remind Bermuda RFIs of the upcoming submission deadlines for the 2023 CRS Filings and 2023 Annual CRS Compliance Certification Form (the “CRS Compliance Form”):
The Ministry of Legal Affairs Financial Sanctions Implementation Unit (FSIU) provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
The Ministry of Legal Affairs Financial Sanctions Implementation Unit (FSIU) provides important and current information related to sanctions to assist you with Bermuda’s Sanctions Regime compliance.
Taxes and other expenses in Bermuda must be paid to the Account General, who receives payments for all of the following:
corporate service tax
Individuals in Bermuda don’t pay personal income tax. Instead, the Government of Bermuda levies a Payroll Tax.
The Office of the Tax Commissioner administers:
Conducted by the Business Division of the Department of Statistics, the Consumer Price Index (CPI) is a statistical tool used for measuring changes in the general level of prices of consumer goods and services purchased by private households.
The Child Day Care Allowance Programme assists parents/guardians with the cost of child day care for children between the ages of birth and four years old.
