Tax Administration Jamaica (TAJ) is now collecting approximately 80 per cent of its revenue through online platforms. Commissioner General, Ainsley Powell, in making the disclosure said that the development is welcome, as it has significantly reduced the number of business customers visiting the TAJ’s offices to complete transactions such as the filing of income tax returns. He noted, “On March...

Bank of Jamaica (BOJ) Governor, Richard Byles, has underscored the pivotal role of multilateral partnerships in driving the country’s economic achievements over the past 15 years. He highlighted notable collaborations with stakeholder interests such as the International Monetary Fund (IMF), World Bank, Centre for Latin American Monetary Studies (CEMLA), European Union (EU), Economic Commission for Latin America and the Caribbean...

The 2025/26 Budget Debate begins today (March 11) in the House of Representatives, with Minister of Finance and the Public Service, Hon. Fayval Williams, making her presentation. Mrs. Williams will inform the nation how the $1.26-trillion Budget for the new fiscal year, which she tabled in the House on February 13, will be funded. The Budget Debate will last until...

Owners and operators of gaming machines and prescribed premises in Westmoreland are being invited to take advantage of the remote licensing activity being conducted in the parish by the Betting Gaming and Lotteries Commission (BGLC).  Licensees are being asked to visit the Boardwalk Shopping Village in Negril Westmoreland on March 10 and 11 between 9:30 a.m. and 4:30 p.m. to...

Minister of Finance and the Public Service, Hon. Fayval Williams, has reaffirmed the Government's commitment to expand the use of the Central Bank Digital Currency (CBDC), JAM-DEX.   She noted that the project has not been abandoned and remains a priority, despite facing some challenges related to onboarding businesses.  "JAM-DEX is still very much alive and well," she said, noting that...

Minister of Finance and the Public Service, Hon. Fayval Williams, has outlined how the Government plans to spend the $3.5 billion earmarked for postal operations and courier services for fiscal year 2025/2026. Speaking at the Standing Finance Committee of the House meeting on Thursday (March 6), Minister Williams reiterated the Government's ongoing commitment to modernising and improving postal and courier...

Tax Administration Jamaica (TAJ) is reminding Income Tax filers that they should be making preparations to file their 2024 Annual Income Tax Returns and 2025 Estimated Returns on March 17, 2025, with 13 days remaining. Taxpayers including Micro, Small and Medium Enterprise clients, may still get free support to meet their filing their obligations through the Authority’s Special Taxpayer Assistance...