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
Statutory Deductions
Q: Are retroactive payments taxable? How are they taxed?
Taxes should be deducted from retroactive monies. Employers should ensure that these payments are added to weekly or monthly emoluments, and taxed accordingly.
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