Latest

TAJ’s Special Taxpayer Assistance Programme Supports Income Tax Filers

Tax Administration Jamaica (TAJ) will be providing support to thousands of Income Tax filers, through its annual Special Taxpayer Assistance Programme (STAP), as the March 15 Income Tax filing due date draws closer. The Tax Authority is encouraging taxpayers to...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tables the Estimates of Expenditure in the House of Representatives on Tuesday (February 14).

$149.8-Million Budgetary Provision for Strategic Public-Sector Transformation

New Tax Office to be Built in Christiana

$88.7 Million for Stony Hill Justice Centre

Minister of Agriculture and Fisheries, Hon. Pearnel Charles Jr., addresses a Plant Quarantine Exporters’ Forum, held on February 14, at the Ministry’s offices in Kingston.

Fresh Produce Exports Earn US$78 Million Annually

3 years ago Budget 2023/2024Finance & Public ServiceParliament

Gov’t Tables Trillion-Dollar Budget

The Government is proposing to spend a total of $1 trillion for the 2023/24 fiscal year. This is Jamaica’s first trillion-dollar Budget. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the disclosure as he tabled the Estimates of Expenditure in the House of Representatives on Tuesday (February 14). Dr. Clarke said the funds are allocated...

Representative of eight beneficiaries under the DBJ Innovation Grant Fund (L-R) Clive Beckford and Sheldon Powe, Innovate 10X, Leila LaFayette, PeterMc& Associates; Ricardo Allen, One on One Educational Service; Anthony Shaw, Managing Director, Development Bank of Jamaica; Dr. Sheilah Paul, The UCC Academy; Christopher Brown, Programmes Manager, BIGEE, DBJ; Eleanor Jones, Environmental Solutions; Francine Haughton Adam, 1920 Investment T/A Haughton

3 years ago Finance & Public Service

Nine medium-sized Jamaican Companies awarded grant funding for Innovation as the DBJ Boosting Innovation Growth & Entrepreneurship Ecosystems

The Development Bank of Jamaica (DBJ) on Monday, January 30, 2023, signed Agreements and awarded grants to nine (9) medium-sized Jamaican companies under its Innovation Grant Fund (IGF), a product financed by the Boosting Innovation Growth and Entrepreneurship Ecosystems (BIGEE) programme. This is in addition to three (3) innovation grants announced in 2021. Speaking at the signing ceremony, Anthony Shaw,...

3 years ago Finance & Public Service

Tax Offices to close to the Public

Tax Administration Jamaica (TAJ) is advising that all of its operations will be closed to the public tomorrow Tuesday, February 7, 2023 at 2:00 p.m., to facilitate a general staff meeting. This meeting will involve team members of all Tax Offices and Business locations on that day. All offices will reopen on Wednesday February 8, 2023 for regular business. Tax...

3 years ago Finance & Public Service

Tax Day Countdown Begins

The annual Income Tax due date is March 15, 2023, and Tax Administration Jamaica (TAJ) is encouraging taxpayers to begin preparations to file their Income Tax Returns, over the coming weeks leading up to Tax Day. Income Tax Filers are being reminded that filing of their Annual Income Tax Return for the year 2022 and declaring their Estimated Income and...

(FILE) Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaking in the House of Representatives on Tuesday (January 31).

3 years ago Budget 2022/2023Finance & Public Service

2022/23 Budget to Increase by $24.5 Billion

The Government’s budgeted expenditure for fiscal year 2022/23 is being increased by approximately $24.5 billion. This will push the Central Government Budget to $998.2 billion, Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, has said. The details are contained in the Third Supplementary Estimates of Expenditure, which Dr. Clarke tabled in the House of Representatives on...

Prime Minister, the Most Hon. Andrew Holness, delivers the keynote address at the opening of the 18th Jamaica Stock Exchange (JSE) Investment and Capital Markets Conference, at The Jamaica Pegasus hotel in New Kingston, on January 24. The conference was held from January 24 to 26 under the theme

3 years ago Finance & Public ServicePrime Minister

Emphasis on Resilience Expected to Safeguard Country Against Future Shocks

Government’s programmed mainstreaming of resilience in its activities is expected to aid significantly in safeguarding Jamaica against future shocks. Prime Minister, the Most Hon. Andrew Holness, notes that resilience has been and is being incorporated in the development and upgrade of the country’s roads and supporting infrastructure, to withstand the impact of climate change, and financing and budgetary arrangements, adding...

Chairman of the Financial Services Commission (FSC), Richard Byles (left, head of table) convenes a meeting of the FSC board and Executive Director-designate, Major Keron Burrell (right, head of table), with managers of the FSC, at the entity’s New Kingston offices on Thursday (January 26). Mr. Byles was appointed to chair the FSC’s new eight-member board effective January 23. The new Board’s responsibilities include overseeing the current interventions at Stocks and Securities Limited (SSL), including formalising Mr. Burrell’s appointment, establishing a mechanism to review the FSC’s approach to the SSL case to identify any gaps or constraints, and assessing the status of other licensees and determining whether there are concerns or potential concerns in respect of companies in the securities industry.

3 years ago Finance & Public Service

PHOTOS: Richard Byles Convenes Meeting of FSC Board with Managers

Chairman of the Financial Services Commission (FSC), Richard Byles (left, head of table) convenes a meeting of the FSC board and Executive Director-designate, Major Keron Burrell (right, head of table), with managers of the FSC, at the entity’s New Kingston offices on Thursday (January 26). Mr. Byles was appointed to chair the FSC’s new eight-member board effective January 23. The...