Tax Administration Jamaica (TAJ) has reported increased compliance since the implementation of its Revenue Administration Information System (RAiS) earlier this year. Commissioner General of TAJ, Ainsley Powell, told JIS News that the new system allows TAJ to treat with delinquent taxpayers, based on their risk level. “We have a feature that we refer to as our compliance management feature that...

One hundred and eighty public and private sector workers, who have successfully completed professional development programmes at the Management Institute for National Development (MIND), will graduate during a ceremony to be held on Saturday, December 12, at the Institute’s Old Hope Road campus. Minister of Health, Hon. Horace Dalley, will deliver the keynote address at the 16th annual graduation and...

Jamaica has, for this calendar year up to October, recorded its lowest inflation rate of 2.9 per cent in almost 50 years. According to reports from the Statistical Institute of Jamaica (STATIN), the rate for the September 2014 to October 2015 period was two per cent. Meanwhile, for the month of October this year, inflation was at 0.3 per cent....

Jamaica has, for this calendar year up to October, recorded its lowest inflation rate of 2.9 per cent in almost 50 years. According to reports from the Statistical Institute of Jamaica (STATIN), the rate for the September 2014 to October 2015 period was two per cent. Meanwhile, for the month of October this year, inflation was at 0.3 per cent....

Co-Chair of the Economic Programme Oversight Committee (EPOC), Mr. Richard Byles, has credited improved tax compliance measures for tax revenues surpassing the budget for the second month in October. At his monthly press briefing, held at the Sagicor Life Jamaica head office, in New Kingston, today (December 10), Mr. Byles said revenues for the first seven months of the fiscal...

The Jamaica Customs Agency says it has surpassed its revenue target for the period April 1 to November 30. Commissioner of Customs, Major (Ret’d) Richard Reese, said collections amounted to $119.26 billion for the period, surpassing the $105.2 billion target set by the Ministry of Finance and Planning by $14.07 billion or 13 per cent. He was speaking at a...

The Jamaica Customs Agency says it is in a full state of readiness to handle the expected increase in cargo shipments during the festive season. Senior Director of the entity’s Kingston operations, Selina Clarke-Graham, said the agency is already seeing an uptick in the volume of imported items and measures have been implemented to facilitate the clearance of goods. “We...

Customers registering businesses and companies with the Companies Office of Jamaica (COJ) will continue to experience longer processing time as the Agency’s express services remain suspended beyond the previously stated date of December 7, 2015. Persons registering companies and businesses will experience a seven and five day turnaround time, respectively. The Agency’s express and guaranteed service times are expected to...

The Tax Administration Jamaica (TAJ) is transitioning into phase two of its Revenue Administration Information Service (RAiS), which will be rolled out on December 7. As a result, the TAJ is advising that until December 6, some of its services will either be suspended or limited. Director of Communications at the TAJ, Meris Haughton, said these services include the processing...