Preliminary figures indicate that Tax Administration Jamaica (TAJ) surpassed the collections target for the first quarter of the 2018/19 fiscal year. For the period April – June 2018, the Revenue Authority collected $79.9B which is 9.2% over the $73.2B target. This performance continues the positive trend recorded over the last four years, with the Authority being on track to exceed the $320.B annual target.
This outcome is as a result of the continuation of focused compliance strategies which began last financial year, and resulted in TAJ surpassing its annual target for 2017/18.
These compliance efforts included closer monitoring of arrears which was facilitated through the Revenue Administration Information System (RAiS) and the mandating of all GCT taxpayers to file their returns online.
The Authority’s service, education and stakeholder engagement focus continued as Taxpayer Education Teams, Technical Specialists, Client Relationship Managers and Customer Care Agents interfaced with taxpayers to educate and inform them of their rights and obligations as well as provide tax information and assistance. Seminars, workshops, sensitization sessions and speaking engagements were some of the strategies employed. Further, in an effort to assist GCT taxpayers to meet their mandated eFiling requirement, personalised eOne-on-One and eOn-Spot sessions were conducted. Additionally, more information was made available through traditional media and on social media.
TAJ will continue to utilise all the avenues available to encourage and foster voluntary compliance through moral suasion. Notwithstanding, tax evaders will be aggressively pursued through intelligence and enforcement actions and brought to book.
Persons may contact the TAJ Customer Care Centre at 1-888-Tax-Help (1-888-829-4357) toll-free for further information or assistance.