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Minister of Industry, Investment and Commerce, Hon. Anthony Hylton, addresses a ceremony to officially launch the Jamaica Customs Agency’s (JSA) revamped Authorised Economic Operator (AEO) Programme on Monday, July 28, at the Jamaica Conference Centre, downtown Kingston. Pictured at the head table (from left) are: Commissioner of Customs, Major (ret'd) Richard Reese; and Minister of Finance and Planning, Dr. the Hon. Peter Phillips.

Customs Revamps Authorised Economic Operator Programme

The Jamaica Customs Agency (JCA) on Monday, July 28, launched its revamped authorised Economic Operator (AEO) Programme, which is aimed at protecting the country’s borders and revenue. Part of the World Customs Organization’s (WCO) framework of standards to secure and...

Finance and Planning Minister, Dr. the Hon Peter Phillips. (FILE)

New Tax Bill To Be Amended

Development Bank of Jamaica (DBJ) Chairman, Joseph M. Matalon (2nd left), emphasizes a point while addressing a media briefing at the entity’s Oxford Road offices in New Kingston on July 23, to provide an update on developments pertaining to the Jamaica Venture Capital Programme (JVCP). Others (from left) are: DBJ Managing Director, Milverton Reynolds; Inter-American Development Bank (IDB) Jamaica Country Representative, Therese Turner-Jones; and JVCP Project Coordinator, Audrey Richards.

DBJ Finalizing Legal Framework for Venture Capital Industry

Director of Communications at the Tax Administration Jamaica (TAJ), Meris Haughton.

Filing GCT Returns Online Will Increase Efficiency at TAJ

Director General in the Ministry of Finance and Planning, Dianne McIntosh, addressing the opening session of the pilot for the Public Financial Management (PFM) Latin America and the Caribbean (LAC) Project, at the Management Institute for National Development (MIND) in Kingston, on July 21. Public sector employees are benefitting from a series of courses under the project, aimed at increasing the understanding of PFM challenges, and creating tools and approaches to help the administration to adopt improved PFM practices.

Workers to Benefit from Public Financial Management Courses

11 years ago Finance & Public Service

GCT Returns for June Now Due

Tax Administration Jamaica (TAJ) is reminding business operators that GCT returns for the month of June is due on Thursday July 31, 2014. Under the new policy relating to GCT on Government purchases, suppliers filing GCT returns and claiming credit, based on Withholding Tax Certificates (WTC) issued to them by a government Tax Withholding Entity (TWE), are reminded that they...

11 years ago Finance & Public Service

Bill to Modernize Public Procurement Tabled in the House

A Bill aimed at modernizing Jamaica’s public procurement laws was laid in the House of Representatives on July 30. The Bill entitled, the Public Procurement Act, 2014 was tabled by Minister with responsibility for Public Service in the Ministry of Finance and Planning, Hon. Horace Dalley. In a statement to the Lower House, Mr. Dalley said the law will reflect...

12 years ago Finance & Public ServiceParliament

House Approves Bills to Improve Tax Collection

The House of Representatives has approved two Bills, aimed at facilitating the collection of taxes and improve the rate of compliance by Jamaicans. They are the Tax Collection (Miscellaneous Provisions) Act, 2014 and the Tax Penalties (Harmonization) Act. They were passed on July 23. Closing the debate, which began on July 22, Minister of Finance and Planning, Dr. the Hon....

12 years ago Finance & Public ServiceParliament

House Begins Debate on Bills to Improve Tax Collection

The House of Representatives on Tuesday, July 22, began debate on two pieces of legislation, aimed at enhancing the collection of revenues and improve compliance. The Bills, entitled the Tax Collection (Miscellaneous Provisions) Act, 2014 and the Tax Penalties (Harmonization) Act, were piloted by Minister of Finance and Planning, Dr. the Hon. Peter Phillips. The Minister pointed out that the...

Governor of the Bank of Jamaica, Brian Wynter.

12 years ago Finance & Public Service

Dollar Strengthens Following BOJ Intervention

The Jamaican dollar has strengthened in value since the intervention in the foreign exchange market by the Bank of Jamaica (BoJ). The Central Bank’s Governor, Brian Wynter, says since the intervention on July 10, the rate of the dollar has appreciated and this continued over the following days. At the close of trade on Thursday, July 17, the Jamaican dollar...

12 years ago Finance & Public Service

Delinquent Taxpayers Urged To Speak With TAJ Enforcement Officers

Tax Administration Jamaica (TAJ) is urging persons, who have difficulty meeting their tax obligations to speak with its compliance officers to avoid enforcement action. In a release issued on July 16, the TAJ said during this fiscal year, it will be increasing enforcement action against delinquent taxpayers and also make it public. The TAJ noted that during the months of...

Finance and Planning Minister, Dr. the Hon. Peter Phillips (left), converses with by Planning Institute of Jamaica (PIOJ) Director General, Colin Bullock, prior to the start of Wednesday’s (July 16) launch of the Government of Jamaica’s Social Protection Strategy at the PIOJ’s New Kingston offices. Dr. Phillips was the keynote speaker.

12 years ago Finance & Public Service

Government Launches Social Protection Strategy

Government’s efforts to effectively address the needs of the country’s most vulnerable citizens have been boosted through the newly created Social Protection Strategy. The strategy, which is the first of its kind in the Caribbean, aims to strengthen the State’s existing social protection framework by streamlining the provision and allocation of social resources and other interventions by the Government. It...