Global Daily Tax News, Bermuda Increases Card Payment Fee For Payroll Tax, (Sep 8, 2026)

Bermuda's Office of the Tax Commissioner has announced, effective 1 October 2026, the recharge fee applied to Payroll Tax payments made by credit or debit card will increase from 1.5 percent to 2.5 percent.

The Government said the increase to 2.5 percent aligns the recharge fee more closely with the actual charges imposed by the Government's banking and payment service providers.

It said: "Taxpayers who wish to avoid the recharge fee must use electronic bank transfer (direct debit). To register to pay via direct debit please complete the Electronic Funds Transfer (EFT) Form that can be located mid-way of the welcome screen once logged in at www.etax.gov.bm. The EFT applications are typically processed within 48 hours."