Bermuda Sources and Verification
Source-backed employee estimate for 2026-04-01 to 2027-03-31.
Professional verification
The Bermuda calculator has not yet been reviewed by an independent tax professional. Until it is, results rely on the official sources, worked examples and automated checks below. How our verification works.
Worked examples, recalculated live
Each example was worked by hand from the official rules before publication. The live calculator must reproduce it exactly, to the cent, or the rule set cannot be published.
| Example | Expected take-home | Live result | Status |
|---|---|---|---|
| BMD 120,000 a yearEmployer annual payroll band: Employer annual payroll under B$200,000; Social Insurance age category: Under age 65 for the full fiscal year | BMD 111,712.16 | BMD 111,712.16 | Matches |
Official sources and monitoring
2 official sources. 2 were checked automatically in the last three weeks, most recently on 2026-10-19. A content change opens a review before any rule is updated.
| Source | Researched | Automated check |
|---|---|---|
| Calculating payroll tax for 2026-27Government of Bermuda | 2026-10-18 | Checked automaticallyLast checked 2026-10-19 |
| Social Insurance weekly contribution rate of BMD 35.92 per partyGovernment of Bermuda Department of Social Insurance | 2026-10-18 | Checked automaticallyLast checked 2026-10-19 |
No detected source change is waiting for review.
Rule version
Version BM-2026-27-v1, approved on 2026-10-18, last validated on 2026-10-18. Rules are effective from 2026-04-01 to 2027-03-31. Published rule versions cannot be edited; corrections are released as a new version.
Calculation assumptions
- Ordinary employee for the full Bermuda government fiscal year from 1 April 2026 to 31 March 2027.
- The employee portion of payroll tax is progressive and remuneration above B$1 million is outside the employee bands.
- Weekly Social Insurance is B$35.92 for the employee and B$35.92 for the employer when under age 65.
Coverage & limitations
Rule version BM-2026-27-v1 · Tax year 2026-27. See sources, monitoring and verification status.
- Mid-year 65th birthdays, students, short working weeks and special employer categories are not included.
- The employer payroll-tax line is an allocation using the selected employer band and may differ from the employer return.
- Independent professional verification pending.