Minister of Finance and the Public Service, Hon. Fayval Williams, is urging Caribbean Financial Action Task Force (CFATF) member countries to enhance regional cooperation in order to strengthen anti-money laundering and counter-terrorism financing (AML/CTF) frameworks, thereby safeguarding their financial systems. “Your active participation and expertise are critical in shaping our region’s response to financial crimes. We do understand the gravamen...

Tax Administration Jamaica (TAJ) is assuring that every effort is being made to ensure qualified workers benefit from the Reverse Income Tax Credit (RITC). Chief Corporate Communications Officer at the TAJ, Meris Haughton, told JIS News that the initial qualifying period for filing was up to August 31. She said this has, however, been extended to October 15. She said...

Tax Administration Jamaica (TAJ) will be conducting maintenance activities to a section of its online platform beginning 7:00 p.m. Friday, December 6, 2024 to 7:00 a.m. Monday, December 9, 2024. The public is being advised that several of the Tax Authority’s online service features will be suspended while the scheduled routine maintenance work is undertaken. This is being done to...

The Statistical Institute of Jamaica (STATIN) recently kicked off its Capacity-Building Workshop focused on Data Ethics, Governance and Quality for Caribbean Small Island Developing States (SIDS). The opening ceremony, which was held at the Jamaica Conference Centre in downtown Kingston on Monday (December 2), saw speakers highlighting the critical role of high-quality data in shaping informed decisions and sustainable development...

Minister of Finance and the Public Service, Hon. Fayval Williams, tabled the Second Supplementary Estimates for fiscal year 2024/25 in the House of Representatives on Tuesday (November 26). The estimates reflect the changes resulting from the recent assignment of subjects and departments, agencies and other public bodies, which took effect on October 30, 2024. The impacted entities are the Office...

Tax Administration Jamaica (TAJ) will open the doors of select Tax Offices this Saturday, November 30, 2024, as it continues to provide weekend services every last Saturday of the month for the 2024/25 financial year. The following Tax Offices will operate this Saturday between the hours of 10:00 am – 2:00 pm:  St. Andrew (Constant Spring)  Montego Bay...

Minister of Finance and the Public Service, Hon. Fayval Williams, says the move to restructure general consumption tax (GCT) on electricity bills for 2025 is part of an overall bigger effort to reduce electricity costs in Jamaica. Prime Minister, Dr. the Most Hon. Andrew Holness, recently announced the proposed reduction in GCT on electricity from 15 per cent to seven...