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. What is the tax rate for companies and self-employed individuals?
Companies – 33 1/3% (with the exception of building societies, which pay 30%).
Individuals – 25%.
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