More

Just over $1 billion has been earmarked in the 2014/15 Estimates of Expenditure to continue implementation of the Government’s Fiscal Administration Modernization Programme. The five-year Inter-American Development Bank (IDB)-funded project, which commenced in December 2011, aims to support the administration’s focus on attaining sustainable fiscal consolidation. This will be done by strengthening the institutional capacity of the implementing agency, the...

Tax Administration Jamaica (TAJ) has been stepping up its sensitisation campaign as it gets ready to introduce the mandatory e-filing of tax returns. The system will be implemented on a phased basis, beginning on March 1, 2014 for certain category of persons. Senior Client Relationship Manager, Corporate Services, at the TAJ, Gerrard Edman, said the objective of the new system...

Government has introduced a transition period for the phasing out of the special scheme of income tax incentives now enjoyed by companies listed on the Junior Market of the Jamaica Stock Exchange (JSE). This was disclosed by Minister of Finance and Planning, Dr. the Hon. Peter Phillips on Tuesday, October 29, during a statement in the House of Representatives on...