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Old 04-24-2007, 05:03 PM
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Personal taxes?

This may be a dumb questions, but I'm going to ask it anyway!

Does Jamaica have a personal income tax system? We were talking about this the other night, and Dwayne (who just moved here from Jamaica) said that they don't, but I was wondering if that is just because he never filed!
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Old 04-24-2007, 05:15 PM
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Re: Personal taxes?

Quote:
Originally Posted by blueeyed_cdn View Post
This may be a dumb questions, but I'm going to ask it anyway!

Does Jamaica have a personal income tax system? We were talking about this the other night, and Dwayne (who just moved here from Jamaica) said that they don't, but I was wondering if that is just because he never filed!
Jomo said he paid taxes every year.
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Old 04-24-2007, 05:17 PM
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Re: Personal taxes?

That's kind of what I thought. Dwayne was "self-employed", so I figured he just didn't file taxes.
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Old 04-24-2007, 05:27 PM
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Re: Personal taxes?

"self-employed" just made me laugh, Blue.
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Old 04-24-2007, 06:04 PM
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Re: Personal taxes?

More info on taxes are at http://www.jamaicatax-online.gov.jm/
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Old 04-24-2007, 06:18 PM
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Re: Personal taxes?

Quote:
Originally Posted by blueeyed_cdn View Post
This may be a dumb questions, but I'm going to ask it anyway!

Does Jamaica have a personal income tax system? We were talking about this the other night, and Dwayne (who just moved here from Jamaica) said that they don't, but I was wondering if that is just because he never filed!
Yes, Jamaica has an income tax system as well as a consumers taxation (called GCT - General Consumption Tax and SCT)similar to VAT (UK) and State/Federal taxes on Goods and services in the USA.

Granted there is no enforcement arm of the collector of taxes as there is with the IRS but when caught you can get into some real serious trouble.
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Old 04-24-2007, 06:20 PM
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Re: Personal taxes?

There are also the standard taxations such as Property, Excise/Duty and Other Special taxes for business operations and such alike.
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