Tax Administration Jamaica (TAJ) is set to roll out phase one of its new Revenue Administration Information System (RAiS) in February 2015. The two-year RAiS Project is aimed at improving TAJ’s capacity to integrate and administer the various tax systems currently being used. With the new system taxpayers will benefit from a greater interface with the TAJ system.
Tax Administration Jamaica (TAJ) has published the names delinquent taxpayers taken to Court for outstanding sums of over one (1) Billion Dollars, as it continues to intensify enforcement action. Over a hundred (100) delinquent taxpayers were brought before the courts during the months of July and August 2014 and judgement handed down for failure to file tax returns and or make payments.
On Monday October 13, 2014 Tax Administration Jamaica (TAJ) carried out a seizure operation against Shur Power Generators & Engine Manufacturing Company Limited for outstanding PAYE and Education Tax of just over $4m. This action was taken as the delinquent taxpayer had not honoured its obligations and failed to comply with a court order that was issued in 2012.
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Employer’s Monthly Statutory Remittance Payroll Deductions’(SO1) due.
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