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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
Tax Administration Jamaica - TAJ Portal
10 Οκτ 2024 · Taxpayers are reminded that 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.
26 Οκτ 2024 · 11:30 pm, Fri October 25, 2024. By Prince Moore. Tax Administration Jamaica has revealed that, since the October 2 launch of the Government's Reverse Income Tax Credit, 262,000 eligible applications have been approved for processing and subsequent disbursement. The tax give-back is a one-time payment of $20,000 to eligible taxpayers earning ...
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.
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 ...
