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The Education Tax Act of 1983 established the Education Tax. The Act states that an Education Tax shall be payable by taxpayers (See Section 4), whom it defines as: employed persons, self-employed persons and employers (See Section 3).
Personal allowances. There are no personal allowances in Jamaica. However, the first JMD 1,500,096 of a Jamaican tax resident individuals statutory income is tax free. There are also exemptions from income tax on the first JMD 80,000 for an individual who is aged 65 and over.
Education Tax is charged at a total of 5.75%, 3.5% is paid by the employer and 2.25% paid by the employee. This percentage is calculated on your income after NIS contributions and contributions to an approved superannuation scheme have been deducted.
Who Pays Education Tax in Jamaica? Employees (Employed persons over 18 years and under retirement age). Percentage paid: 2.25%.
It was the year 1983 and the powers-at-be decided to implement what we now call the Education Tax, in an effort to ensure that a pool of funds would be constantly available to assist with the advancement of education in Jamaica.
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General consumption tax (GCT) The annual turnover GCT registration threshold is currently JMD 10 million. The standard rate of GCT is currently 15%; however, higher or lower rates of GCT are applicable to certain goods and services.
Persons may also visit the How To section at .jamaicatax.gov.jm for user-friendly instructions on how to file online or avail themselves of One-on-One virtual sessions where TAJ personnel will provide their staff with online training, in helping them to make the necessary preparations.
HEART 3% CONTRIBUTIONS Employers become eligible to pay HEART contributions when their total gross emoluments (wage bill) exceed $14, 444. Each month, eligible employers contribute to the Heart Trust Fund 3% of the total amount of monthly emoluments paid to employees.

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