The Bermuda government has issued guidance on Calculating Payroll Tax for the period April 2025 to March 2026. The guidance notes that due to a delay in the 2025-2026 Budget Statement, the Payroll Tax rates for April to June 2025 will remain the same as the 2024 rates, which are provided in the guidance. Updates to the guidance regarding the period July 2025 to March 2026 will be provided after the 2025-2026 Budget Statement is presented, which is scheduled for early May 2025.