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TCC Fundamental for Doing Business in Jamaica

A Tax Compliance Certificate (TCC) is a fundamental requirement for persons wishing to conduct business in Jamaica, says Technical Specialist at Tax Administration Jamaica (TAJ), Colleen Williams. A TCC is necessary to ensure that an individual or an organisation is...

Minister of Culture, Gender, Entertainment and Sport, Hon. Olivia Grange (right), shares in the symbolic cheque handover of $15.1 million by the Seprod Group to Netball Jamaica. Holding the cheque are: Head of Supply Chain, Seprod, Marilyn Golding-Anderson (third left); Board President, Netball Jamaica, Tricia Robinson (centre); and Chief Financial Officer, Seprod Group, Damion Dodd. Also sharing in the moment are Business Development Manager, Serge Island Industries, Sheridan Cohen (left); and Captain of the Sunshine Girls Netball Team, Shanice Beckford. Seprod Group will be providing yearlong sponsorship in support of Jamaica’s Sunshine Girls’ journey to the 2023 Netball World Cup to be held in South Africa. The ceremony was held on Wednesday (March 8), at the National Indoor Sports Centre, Kingston.

Seprod Provides $15.1 million to Netball Jamaica

Opposition Spokesman on Finance and Planning, Julian Robinson, makes his contribution to the 2023/24 Budget Debate in the House of Representatives on Thursday (March 9). Seated is Opposition Leader, Mark Golding.

Opposition Spokesman Endorses Proposed Jamaica Screen Fund

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, opens the 2023/24 Budget Debate in the House of Representatives, on March 7.

Education Gets 22 Per Cent of Recurrent Budget

Gov’t Provides Incentives to Boost JAM-DEX Use

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, uses abacus counting devices to make a point during the opening of the 2023/24 Budget Debate in the House of Representatives on Tuesday (March 7).

3 years ago Budget 2023/2024Finance & Public ServiceParliamentScienceTechnology

Gov’t Providing Scholarships for 1,250 STEM Teachers

The Government will be providing full tuition scholarships with the aim of preparing 1,250 new science, technology, engineering and mathematics (STEM) teachers over the next five years. The Students’ Loan Bureau (SLB) and The Mico University College will partner in the undertaking. Minister of Finance and the Public Service, Dr. the Hon Nigel Clarke, made the disclosure as he opened...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, uses abacus counting tools as he opened the 2023/24 Budget Debate in the House of Representatives, on Tuesday (March 7).

3 years ago Budget 2023/2024Finance & Public ServiceParliamentScienceTechnology

Gov’t Provides $200 Million for Establishment of Fiscal Research Institute at UWI

The Government is providing a $200 million down payment to endow a Fiscal Research Institute within the Department of Economics at the University of the West Indies (UWI). Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the announcement while opening the 2023/24 Budget Debate in the House of Representatives, on Tuesday (March 7). “This will...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, opens the 2023/24 Budget Debate in the House of Representatives, on Tuesday (March 7).

3 years ago Budget 2023/2024Finance & Public ServiceParliament

Remaining Public Sector Groups Urged to Sign Wage Agreement

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, is again urging public sector groups not yet signing the new compensation scheme, to come forward to settle wage agreements. Dr. Clarke explained that, inclusive of amounts allocated in the first to fourth supplementary estimates, approximately $79.4 billion is provided for in 2022/23 to pay the incremental amounts...

3 years ago Budget 2023/2024Finance & Public ServiceParliament

Tax Relief on Solar Systems and Importation of Horses and Other Animals

The Government is providing tax relief totalling approximately $153.33 million during fiscal year 2023/24. This will result from the provision of Income Tax Credit, totalling $100 million, on the installation of residential solar photovoltaic (PV) systems, and the removal of General Consumption Tax (GCT) on the importation of live horses, small ruminants and pigs, amounting to $53.33 million. Minister of...

3 years ago Budget 2023/2024EducationFinance & Public ServiceParliament

Two Marcus Garvey Scholars Earn Master’s Degrees

Two recipients from the first cohort of Marcus Garvey Public Sector Graduate Scholarship Programme awardees, have graduated from their respective universities and are now the holders of master’s degrees. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the disclosure as he opened the 2023/24 Budget Debate in the House of Representatives on Tuesday (March 7)....

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, opens the Budget Debate in the House of Representatives on Tuesday (March 7).

3 years ago Budget 2023/2024Finance & Public ServiceParliament

Jamaica Recovers from COVID-19, Exceeding Pre-Pandemic Growth

Jamaica’s economy is estimated to have expanded by 3.4 per cent in the fourth quarter of 2022, signaling the country’s recovery from the COVID-19 pandemic. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said data from the Planning Institute of Jamaica (PIOJ) indicates that by December 2022, Jamaica not only achieved but surpassed pre-COVID levels of...

3 years ago Budget 2023/2024Finance & Public ServiceParliament

No Review of Income Tax Threshold – Finance Minister

A review of the income tax threshold is not possible at this time, says Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. Opening the 2023/24 Budget Debate in the House of Representatives on Tuesday (March 7), Dr. Clarke said the transition to the new compensation system, the higher levels of pay, and the absorption of non-taxable...