Thursday, November 23, 2017

Cashier Services at Swallowfield Examination Depot to be terminated on October 31, 2017

Tax Administration Jamaica (TAJ) wishes to advise motorists that effective November 1, 2017 cashier services will NO longer be offered at the Swallowfield Examination Depot. The on-site payment facility now available at the Swallowfield Road location is being terminated as the Island Traffic Authority (ITA) rolls out its new electronic certification system and TAJ’s online payment facility now being in place.

Read more: Cashier Services at Swallowfield Examination Depot to be terminated on October 31, 2017

TAJ Reports Growth in Online Filing for FY 2016/17

Tax Administration Jamaica is advising that the online filing (eFiling) rate for most major tax types increased during the 2016/17 financial year. This means that more taxpayers, both individual and companies submitted their returns online using the Revenue Administration Information System (RAiS).

Read more: TAJ Reports Growth in Online Filing for FY 2016/17

$1.5M Income Tax Threshold Now in Effect

The second phase of the two tiered income tax threshold increase announced by the Minister of Finance & the Public Service in the 2016/17 Revenue Measures took effect on April 1, 2017.

This adjustment has resulted in an increase in the threshold or tax-free amount from $1,000,272 to $1,500,096 per annum, broken down on a periodic basis as follows:

Read more: $1.5M Income Tax Threshold Now in Effect

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