Individual - Significant developments

Last reviewed - 10 February 2020

The 2018/19 Bermuda Budget brought updates to the payroll tax. The changes primarily entail reductions to payroll tax for certain individuals, new exemptions, and new payroll tax provisions for taxi operators. See Payroll tax in the Other taxes section for details.

Effective November 2018, the Bermuda government introduced the vacation rental tax. See Vacation rental tax in the Other taxes section for details.