Business
| Dec 15, 2021

Fourth-quarter tax payments due today

/ Our Today

administrator
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Tax Administration Jamaica’s corporate offices at 116 East Street in Kingston.

Tax Administration Jamaica (TAJ) is reminding businesspersons in Jamaica that their fourth-quarter estimated corporate income tax and self-employed statutory payments are due Wednesday (December 15).

These include:

  • Estimated Corporate Income Tax (fourth quarter)
  • Self Employed Statutory Payments (fourth quarter)
  • Stamp Duty (fourth quarter)
  • Trade Licence
  • Withholding Tax

Additionally, employers’ monthly Statutory Payroll Deductions (S01) for the month of November, are due on December 14. Business interests are advised they have several payment options at their fingertips, including via TAJ’s tax portal using a credit card or any banking card with credit card features.

What’s more, payments can be made using Scotiabank’s electronic funds transfer via TAJ’s website up to a maximum of $99,999,999.00, using the National Commercial Bank’s online platform by adding TAJ as a payee or via the new direct funds transfer process.

Even with various online options now available, persons should also note that tax payments may still be made at any of the 28 Tax Offices.

With the heightened COVID 19 response, customers are urged to follow the instructions given at its locations, to wear their masks, observe the physical distancing requirement of six feet, sanitise. The TAJ further indicated that it will be operating with a reduced number of personnel, as the rotation of staff will continue.

Employers paying over monthly statutory deductions are reminded that they can benefit from an Employment Tax Credit by paying their S01 on time. Persons are also encouraged to honour their tax obligations by making payments on or before the respective due dates to avoid additional interest and penalties.

For further information, persons may contact the Tax Administration’s Customer Care Centre at 888-TAX-HELP (888-829-4357) toll-free or visit its website www.jamaicatax.gov.jm.

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