Tax Returns

The Good, Bad and Ugly of Tax Returns

Tax returns are usually done on requisite forms that are filed by every citizen of a country. In Jamaica, there are specific forms that represent the various tax returns. Examples includes: Declaration of Assets – AT01 and AT02 Income Tax – IT01-5 and IT07-9 Payroll – S01 and S02 G.C.T – Form 4A-E There are two …

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Jamaican Tax Dates you Need to Remember

Tax Returns

If you operate a business in Jamaica, there are tax dates you need to remember. These dates are crucial to your financial calendar, as missing these deadlines attract interests and penalties for non-payment of taxes. For example, NHT, all income taxes such as P.A.Y.E and G.C.T accumulate daily interests and penalties. Let’s say your GCT …

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