Chambers Henry has compiled a list of answers to frequently-asked questions we hear from our clients from time to time. Search by keywords, or click on each category below to see questions and answers.
Sources:
“Facts on Income Tax”. Taxpayer Audit and Assessment Department (TAAD) and the Tax Administration Services Department (TASD)
“101 Frequently Asked Questions”. Jamaica Tax Administration booklet
Income Tax
Q. Who should pay Income Tax?
Q. How do I calculate my Income Tax?
Q. When should Income Tax be deducted from my salary?
Q. Should a holiday worker pay Income Tax at the end of the period and file a return?
Q. This year, my company employed someone who had recently been employed at another company. However, the employee did not provide a P45. How do we calculate the Income Tax?
Q. I was on a scholarship and my employer deducted taxes from my pay. Can I claim a refund?
Q. A person has only worked for 9 months, and is made redundant. He or she is paid a terminal gratuity. How much is taxable?
Q. What is the tax rate for companies and self-employed individuals?
Q. What are the payroll taxes and statutory deductions?
Q. How do you calculate the tax-free portion of a redundancy payment?
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