
EMERGENCE NOTICE: BERMUDA PAYROLL TAX UPDATE
Emergence is happy to announce the release of our Bermuda Payroll Tax Amendments Update. We appreciate your patience as we waited for Government’s finalization of requirements and communications. The update is necessary to correctly calculate the Employee portion of the payroll tax deduction that will be based on the marginal tax rate that comes into effect July 1st 2017. Thank you to those clients that have participated in the beta-testing process as we took into considerat