Tax Administration Jamaica (TAJ) has taken another step along its digital road map, with the introduction of its first non-cash location in the Cross Roads area. The cashless office located in the Regal Plaza, 15B Old Hope Road, Cross Roads becomes operational on Friday, December 1, 2023, and will operate the standard opening hours (Mon – Wed 8:30 a.m. –...

Tax Administration Jamaica (TAJ) is reporting an approximately $102M revenue yield from its Saturday month-end operations since 2021, when it implemented the service at select Tax Offices. This figure underscores the take-up by business persons and individuals, who have been utilizing the convenience of the Authority’s Saturday business operations. This Saturday November 25, 2023, as part of its continued provision...

Tax Administration Jamaica (TAJ) wishes to advise the public that it has extended the closure of the Annotto Bay Tax Office located in St. Mary. The decision has become necessary, as the building has been determined structurally comprised, by a Structural Engineer, which is the result of the 5.6 earthquake event earlier this month. The Tax Authority has redeployed staff...

Civil servants will take centre stage from November 19 to 25, as Civil Service Week 2023 will be observed, and long-serving members recognised at a ceremony on November 22. The Week, which is being celebrated under the theme ‘Raising the Bar: Strengthening the Bond’, is geared towards highlighting the worth and work of outstanding civil servants who have given excellent...

The Public Procurement Commission (PPC) has launched a Contractor and Consultant Performance Evaluation Programme (CPEP) that will regularise and standardise the assessment of the performance of individuals and entities who work on public-sector procurements and projects. Under the programme, procuring entities – ministries, departments and agencies (MDAs) – will be the assessors and scorers for the contractors and consultants whom...

A US$1.2-million technical cooperation agreement was on Thursday (November 9) signed between the Government of Jamaica (GOJ) and the Inter-American Development Bank (IDB) to strengthen the country’s public-private partnership (PPP) programme. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, and IDB General Manager, Country Department Caribbean Group and Country Representative, Jamaica, Anton Edmunds, signed the agreement...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, has charged the Public Accountancy Board (PAB) and the Institute of Chartered Accountants of Jamaica (ICAJ) to exercise greater vigilance in ensuring that high professional standards are maintained. “Jamaica has the most developed capital markets in the Caribbean. We perform a crucial role in financial intermediation that is...

On November 3, 2023, the Government of Jamaica (GOJ) issued the first ever Jamaican Dollar (J$) linked international bond in the amount of J$46.6 billion, equivalent to USD 300 million. The issuance, which was oversubscribed 1.4 times, consists of Senior Unsecured Notes due 2030 which are registered with the Securities Exchange Commission in the United States. The operation represents the...

The Government is eliminating the General Consumption Tax (GCT) on the importation of horses to provide better quality breeding stock and stimulate growth in the horse racing industry. The House of Representatives, on Wednesday (November 1), approved the General Consumption Tax (Amendment of Schedules) (No. 2) Order, 2023 to allow for the measure. Minister of Finance and the Public Service,...