Tax Day is just a month away, and preparations are on in earnest as hundreds of taxpayers seek to meet their Income Tax obligations, by filing their Annual Income Tax Returns for 2023 and Estimated Returns for 2024 by the March 15, 2024 deadline. The Tax Authority is ramping up its support mechanism, to assist micro and small business persons...

The Hazardous Substances Regulatory Authority (HSRA) is urging facilities utilising equipment and material that emit ionising radiation to obtain the requisite authorisation. This call comes from Director General, Dr. Cliff Riley, who discloses that of the total number of Jamaican entities that are engaged in activities involving the use of inputs emitting radiation, “just about 39 per cent are licensed...

Tax Administration Jamaica (TAJ) wishes to advise employers that monthly statutory deductions (S01) for January are due on Thursday, February 15, 2024. This is because of the usual due date of the 14th day of the month falling on the Ash Wednesday public holiday. Taxpayers may therefore submit their January S01 the following business day, Thursday, February 15 without incurring...

The Planning Institute of Jamaica (PIOJ), today (February 8), launched the Inclusive Growth Index Framework (IGIF), a comprehensive measurement tool for growth. The index, developed by the PIOJ’s Growth Inducement Programme (GIP), provides a more comprehensive understanding of the inter-relatedness of key drivers of growth specific to Jamaica. In his remarks at the virtual launch, Director General, PIOJ, Dr. Wayne...

Members of the micro, small and medium-sized enterprise (MSME) sector are being invited to participate in the ‘National MSME & Entrepreneurship Policy Consultation’ at the AC Marriott Hotel in New Kingston on February 20. To be hosted by the Ministry of Industry, Investment and Commerce, alongside several key stakeholders, the session will facilitate the revision and crafting of the draft...

As the economy continues to experience consistent growth, Prime Minister, the Most Hon. Andrew Holness, is assuring developers that the environment is stable for investments. Delivering the keynote address at the ceremony to break ground for Sagicor’s $8-billion Portmore Promenade in the Greater Benard Lodge area of St. Catherine, on February 7, the Prime Minister said it is the kind...

The Hazardous Substances Regulatory Authority (HSRA) is closely monitoring facilities that utilise ionising radiation materials in their operations, to ensure the highest standard of safety and regulatory compliance. Addressing a JIS Think Tank on Wednesday (February 7), Director General of the HSRA, Dr. Cliff Riley, explained that while “the ionising radiation sources that we look at are not very high...

Project STAR (Social Transformation and Renewal) is now listed on the Jamaica Social Stock Exchange (JSSE). The JSSE provides a platform to assist social-sector organisations to attract long-term funding to make their projects sustainable. Project STAR is a social and economic transformation programme created by the Private Sector Organisation of Jamaica (PSOJ), in partnership with the Jamaica Constabulary Force and...

Large Jamaican companies are being implored to do all they can to support local micro, small and medium-sized enterprises (MSMEs). Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, in making the call, said that the MSME sector is a key contributor to the economy and must be protected at all costs. He noted that the island’s 422,000...