Bermuda has published the Payroll Tax Amendment Bill 2020, which was tabled in parliament on 9 March 2020 and includes the payroll tax rate changes announced as part of the Budget Statement for 2020-2021 ({News-2020-03-05/P/2-previous coverage}) and certain other changes.

As provided in the explanatory memorandum to the bill, one of the main changes aside from the rate changes is the inserti…