The Bermudian government hopes to be able to offer a comprehensive online tax filing and payment system to the jurisdiction's taxpayers over the coming calendar year, according to the Department of Communications and Information.
In a statement released on Tuesday, the DCI announced that: 'Currently, only payroll tax is filed and paid online, however other taxes, including land tax, will be added to the system in a phased approach in 2003. Benefits of the e-tax system include improved service to taxpayers, significantly reduced processing times, increased accuracy of tax returns, faster tax collection and reduced cost to government.'
According to the government statement, a facility will also be available which will allow taxpayers to view returns previously filed online, and to check the status of their account.
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