With the March 15 Income Tax due date just two months away, Tax Administration Jamaica (TAJ) is urging taxpayers to begin preparations to file their income tax returns early and online to avoid the usual last minute rush.   All companies, organisations, self-employed persons, as well as employed persons with additional sources of income, are reminded to file their Annual Income...

The Jamaica Customs Agency (JCA) is urging importers to adhere to regulations governing the importation of commercial and non-commercial goods, in order to prevent being breached for contravention of the Customs Laws.   According to the CEO/Commissioner of Customs, Major (Ret’d) Richard Reese, the JCA has had to deal with several cases in which persons and entities are found in...

General Manager of the Jamaica Stock Exchange (JSE), Marlene Street-Forrest, is encouraging more local companies to list on the stock market. In an interview with JIS News, she said registering on the Jamaica Stock Exchange can generate several benefits for small and medium sized businesses, in addition to raising capital to grow their operations. “What we have found is that...

The Executive Board of the International Monetary Fund (IMF) have approved Jamaica’s performance under the Extended Fund Facility (EFF), enabling the country to make an immediate drawdown of SDR 28.32 million or approximately US$39.3 million. Following the review, Deputy Managing Director and Acting Chair of the Board, Mr. Min Zhu, said the authorities continue to have an impressive track record...

Ninety-seven per cent of public sector workers have now signed on to the Heads of Agreement for wage increase and improved benefits, for the 2015/17 period. The latest groups to accept the agreement are the United District Constables Association, as well as the Jamaica Federation of Corrections and Senior Uniformed Officers Association, representing correctional officers. They signed on Tuesday (December...

Implementation of the Revenue Administration Information System (RAiS) will position Tax Administration Jamaica (TAJ) to operate at international standard. The RAiS is used by TAJ to better communicate with its customers and boost the efficiency of the agency’s operation. Commissioner General at the TAJ, Ainsley Powell, told JIS News recently at a ‘Think Tank’ that there are many countries that...

Tax Administration Jamaica (TAJ) is assuring clients that it will continue to provide training on the use of its Revenue Administration Information System (RAiS). Commissioner General of TAJ, Ainsley Powell, told JIS News that the agency has implemented strategies to educate taxpayers on the use of the web-based facility. “At Constant Spring, we have a dedicated room that you can...