Effective May 1, phablets, which are a cross between a Smartphone and a tablet, will be reclassified and no longer attract customs duties. This was announced by Minister of Finance...

Government is working to conclude by June 2014, arrangements regarding the registration and certification procedures for businesses that will access the Productive Input Relief (PIR) component of the new Omnibus...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says the country will continue to use a market determined exchange rate. “The Bank of Jamaica remains prepared to intervene in this market in order...

Recognising the critical role which the public sector must play in the development and growth of the economy, the Government has placed priority on its transformation, particularly its accessibility, convenience, ease of use, and...

Effective January 1, 2015, the threshold on Personal Income Tax will be increased by $49,920 from the present value of $507,312 to $557,232. This was announced by Minister of Finance and Planning, Dr. the Hon....

The Government has proposed new revenue measures expected to raise the $6.7 billion needed to fully finance the 2014/15 budget. This was disclosed by Minister of Finance and Planning, Dr. the Hon. Peter Phillips, as he...

Legislation has been prepared and consultations underway to improve the public procurement process, Minister of Finance and Planning, Dr. the Hon. Peter Phillips, has pointed out. Opening the 2014/15 Budget...

Establishing a One Stop Shop for import/export inspection at the Montego Bay ports is among initiatives to be introduced by Government to cut red tape and improve the ease of doing business in the...