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The Reverse Income Tax Credit is a financial initiative of the Government of Jamaica (GOJ) designed to assist persons earning below $3M annually, who meet the specific criteria, to receive a one-off payment of JMD $ 20,000.00. Apply Here.
2 Οκτ 2024 · Eligible persons may apply online via the Tax Administration Jamaica (TAJ) web portal at www.jamaicatax.gov.jm. The process is as follows: • Click on the link to the Reverse Income Tax Credit Application. • Enter Taxpayer Registration Number (TRN); full name; date of birth; email address; telephone contact; banking or remittance agency information.
Tax Administration Jamaica - TAJ Portal
10 Οκτ 2024 · The Tax Authority has created a Reverse Income Tax Credit Hub on its tax portal at www.jamaicatax.gov.jm, to facilitate persons submitting applications and getting relevant information about RITC to include Frequently Asked Questions.
The Full Story. With just over three weeks since the October 2, 2024 launch of the Government of Jamaica’s Reverse Income Tax Credit (RITC), Tax Administration Jamaica (TAJ) is reporting 262,638 eligible applications approved for processing and subsequent disbursement. The tax giveback is a one-time payment of $20,000 to eligible taxpayers ...
16 Οκτ 2024 · Some 243,000 Jamaicans have been approved for the Government’s Reverse Income Tax Credit. This financial initiative is designed to assist persons earning below $3 million annually, who meet the specific criteria, to receive a one-off $20,000 payment.
2 Οκτ 2024 · The Government of Jamaica (GOJ) is implementing a Reverse Income Tax Credit (RITC) which will provide a grant of $20,000 to registered taxpayers who earned less than 3 million dollars during year of assessment 2023.
