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Bermuda: sourced answers

1 answer to specific questions — each with a verbatim quote from an official source and a link to it.

Every answer is checked against a verbatim quote from a stored copy of its source and has passed an independent review. This is reference information, not legal advice: rules change, and the outcome depends on your circumstances.

Taxes in a country

What is the top personal income tax rate (scale steps are in the answer wording)

Bermuda does not levy personal income tax

but payroll tax, land tax, customs duties, and stamp duties still apply

«Stamp duty tax on legal transactions | Government of Bermuda - Government of Bermuda Skip to main content Alerts Contact Service feedback Residents Business Visitors Online Services News Gazette S»

Source: gov.bm · source copy as of 2026-10-03

«Land Tax All homeowners and long-term tenants are required to pay Land Tax twice yearly. You must pay Land Tax if you are: the sole proprietor of a property a life tenant in an property a leaseholder for t»

Source: www3.gov.bm · source copy as of 2026-10-03

«import duties. The Second Schedule contains export duties. The Third Schedule contains a list of refund or drawback exceptions. The Fourth Schedule contains a table of drawb»

Source: gov.bm · source copy as of 2026-10-03

«Individuals in Bermuda don’t pay personal income tax. Instead, the Government of Bermuda levies a Payroll Tax. Payroll Tax Payroll Tax is levied on all employers. However, as an employee your employer may deduct a 6 per cent whiholding amount from your salary to»

Source: www3.gov.bm · source copy as of 2026-10-03

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