Our issue is the damaging tax proposal of increasing duty for ALL imported personal items by as much as 500%, whether by Air Freight, Ocean Freight or Courier.
This will affect all residents of Bermuda without exception.
95% of all imported items come into Bermuda via Ocean Freight, Air Freight, Courier or the Post Office, which are billed at the normal lower duty rate. Only 5% comes through the Airport, which is at a 35% duty rate.
If the intention is to 'normalize' or 'harmonize' duty rates, lower the airport back to the normal duty rates that all other methods are on.