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BUDGET ANNOUNCEMENTS  

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  • 2014/2015 BUDGET


  • 2013/2014 BUDGET


  • 2012/2013 BUDGET


  • 2011/2012 BUDGET

  • 2010/2011 BUDGET

  • 2009/2010 BUDGET

  • 2008/2009 BUDGET

  • 2007/2008 BUDGET

  • 2006/2007 BUDGET

MEMORANDUMS OF UNDERSTANDING  
  • The Memorandum of Understanding (MOU) Agreement between the Government of Bermuda and the Bermuda Hotel Association (BHA)

  • The Memorandum of Understanding (MOU) Agreement between the Government of Bermuda and the Bermuda Chamber of Commerce (Restaurant Division) and other Qualifying Restaurants

  • The Retail Payroll Tax Concessions Agreement between the Government of Bermuda and the Retail Sector

DESIGNATION OF PRIMARY FAMILY HOMESTEAD  

The Stamp Duties Amendment Act 2005 exempts the Primary Family Homestead from Stamp Duty which would otherwise be payable upon the death of an owner. It provides that an owner can designate a property for this exemption. In particular, it will allow an owner of more than one property to choose which one should benefit from the exemption. The exemption is from the Stamp Duty chargeable on the estate of an owner upon death and it would be granted on the Affidavit of Value. It does not affect the existing exemption from Stamp Duty on assets passing to a surviving spouse. For questions regarding the application of the Primary Family Homestead designation please contact:  Kamelah Moore (kzmoore@gov.bm, tel. 294-9122) or Julia Washington (jwashington@gov.bm tel. 297-7749).

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