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: If an employer provides an employee with a motor vehicle, how is this treated in terms of any applicable tax rate?
If an employer provides an employee with a motor vehicle that is used for both personal and job-related purposes, the taxable benefit is based on the original cost and age of the vehicle and the amount of personal usage.
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