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  1. 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. 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.

  3. Tax Administration Jamaica - TAJ Portal

  4. 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 ...

  5. 2 Οκτ 2024 · To qualify for the tax credit, self-employed individuals must have filed their Annual Return of Income, Taxes and Contributions payable (S04) for the year of assessment 2023 and paid the required statutory obligations in full by August 31, 2024.

  6. 10 Οκτ 2024 · Taxpayers have until December 2, 2024 to submit their applications, and will need to have at hand their Taxpayer Registration Number (TRN), valid banking information, and telephone number or email address to complete and submit the online application.

  7. 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.

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