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Business operators have 4 weeks to file their income tax returns before the March 15 deadline. Self-employed individuals, partners, companies, other bodies and employed persons with other sources of income, are therefore urged to file their Annual Income Tax Return for 2008 and their Declaration of Estimated Income & Tax Payable for 2009 early to avoid the last minute rush.
To assist small business persons to prepare their tax returns to meet the March 15 due date, the Tax Administration is currently hosting a series of free Special Taxpayer Service Programmes at several locations across the island. Persons who wish to use the service are asked to take with them all business documents. These include their Taxpayer Registration Number (TRN), bank statements, purchase invoices, receipts, sales records, utility bills, wage records and any other records that can be used to verify income and expenses.
Details of all venues, dates and times for the sessions are available by contacting 1-888-TAX-HELP, the nearest Tax Office or visiting the Tax Administration’s website at www.jamaicatax.gov.jm.
Failure to file Income Tax Returns by the March 15 deadline may result in an assessment being generated by the administration’s computerised system or court action being taken.