Payroll Tax Fees Jumping October 1 | Bermuda News

Starting October 1, 2026, paying payroll taxes with a card will cost you more—fees are jumping from 1.5% to 2.5%. That’s a full percentage point hike, designed to better reflect what the government pays banks and processors. Avoid the extra charge by switching to direct debit (electronic funds transfer), which is free. Set it up using the EFT form on e-tax.gov.bm, usually found right after logging in—processing takes under 48 hours. For questions, email [email protected]. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/01d097cce90698b5