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Please be advise that effective Wednesday, April 1, 2020 the Standard Rate of General Consumption Tax (GCT) payable in the respect to taxable goods and services will be 15%.
Decrease in GCT effective April 1, 2020
As part of the recent budget presentation from the Ministry of Finance. There is an increase in the NIS contributions for both employee and employers effective April 1, 2020. The current rate of 5.5 percent will now be increased to 6%.
Increase in National Insurance Contributions

FATCA in Jamaica

Effective August 17, financial institutions in Jamaica will be required to transmit relevant financial information to Tax Administration Jamaica (TAJ) - the competent authority - on persons who reside permanently in the United States (US) or persons who earn a substantial amount of their income from or within the United States. TAJ shall be obliged to submit the information received from local financial institutions to the Internal Revenue Service (IRS) in the US.
FATCA in Jamaica
In today's climate the term GDP is used on a
Economy Snapshot

 

Bogle and Company has been established for over 20 years, and is committed to providing quality assurance, taxation and advisory services to enable businesses and individuals to make sound financial decisions and add value.

Bogle and Company incorporates up to date technologies and techniques to ensure precise, accurate, and timely delivery of services to our clients.

 

Bogle and Company conducts business in conformity with the applicable professional standards, laws, and regulations together with our own policies and standards. These policies are based on our values, which are demonstrated by our actions each day.

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Contact us

6 South Avenue

Unit 6 Dragon Centre
Kingston 10
Jamaica

Contact us

Tax Due Dates

31 Oct 2020
08:00AM -
General Consumption Tax (GCT) & Special consumption Tax (SCT)
14 Dec 2020
12:00AM
Statutory Filing

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