Tax Administration Jamaica has launched an audit programme aimed at regularizing those persons with multiple employment and who therefore, may be benefitting from the threshold more than once in a given year. Thousands of these taxpayers have been unearthed and identified by the recently implemented Revenue Administration Information System (RAiS) through its Discovery module.
Where a taxpayer has multiple sources of income, he/she has an obligation to file a personal income tax return, reporting his/her total income earned, tax payable, withholding tax suffered and any tax liability for the year of assessment. This programme, which is aimed at standardizing such anomalies, has two main objectives. Firstly, to assess any additional taxes that may be due arising from the taxpayer’s employment information presented including statutory deductions, and secondly, to educate them on their entitlement to one threshold per year of assessment as well as their obligation to report and declare income from more than one employer.
Taxpayers will receive letters from TAJ’s Audit team outlining their current tax status. As is customary, the taxpayer will be afforded an opportunity to make a payment arrangement which may be facilitated through the tax payment portal at www.jamaicatax.gov.jm.
The programme which is currently underway is expected to continue into the next financial year and is one of several compliance strategies being employed by the revenue authority.
For more information may contact the TAJ Customer Care Centre at 1-888-Tax-Help (1-888-829-4357) toll-free or visit the website at www.jamaicatax.gov.jm.
Leighton St. A. Beckles l Communications Officer Tax Administration Jamaica (TAJ) l Communications Unit
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