Tax Administration Jamaica (TAJ) is advising all property owners that there is still time to make their Property Tax payments for the 2018/19 fiscal year without penalties being applied, as is provided for in the law. Property owners are reminded that they have the option of paying their property tax in half-yearly instalments on April 1 and October 1 or in quarterly instalments on April 1, July 1, October 1, and January 1.
Additionally, persons have the option of querying their property tax amounts and making payments online at www.jamaicatax.gov.jm, payment is facilitated by using a Keycard, Mastercard or Visa credit card. Taxpayers utilizing the online option are advised to have the valuation number of the property on hand when making the payment. According to Senator Aubyn Hill, Chief Executive Officer of the Economic Growth Council “the portal provided by Tax Administration Jamaica was so very easy to use”, which underscores the ease and convenience of using the portal to pay property tax. In addition to the online option, property tax payments can be made at any of the 29 tax offices across the island.
Taxpayers may seek relief from Property Tax under special circumstances, as the government has put in place several mechanisms. There are three types of relief, namely Statutory Relief, Agricultural De-rating and Special Discretionary Relief.
Statutory Relief: This is granted in cases where the valuation, based on the potential use of the land, is higher than the current use. For example; many persons own property and live in an area, which was originally classified as residential, but has now become commercial. In such a case, the valuation will reflect the potential of the highest and best use of the land for offices or shops.
Agricultural De-rating: This is granted for a period of up to three years for land used primarily for agriculture. These applications should be sent to the Land Taxation Relief Board.
Special Discretionary Relief: This is granted by Ministry of Finance in cases of hardship. For example; pensioners and other persons with fixed income as well as the aged and persons with disabilities. These applications should be sent to the Parish Review Committee through the local authorities. The Committee will make recommendations to the Ministry of Finance and is applicable for one year only.
Persons may access these relief forms, by visiting the Property Tax Hub at www.jamaicatax.gov.jm or visiting any Tax Office.
Property Owners in arrears for previous years are cautioned that action will be taken against them for overdue amounts. Property owners are therefore advised to pay all outstanding amounts or to visit the nearest tax office to make an arrangement to pay, if they are experiencing a difficulty paying, to avoid compliance action.
For further information persons may call the Tax Administration Jamaica Customer Care Centre at 1-888-Tax-Help (1-888-829-4357) or visit the website www.jamaicatax.gov.jm