First Look

Tax Administration Jamaica Goes Live with Additional Online Services

Tax Administration Jamaica (TAJ) | 2016-09-05 15:00:00

Tax Administration Jamaica (TAJ) today implemented phase three of its Revenue Administration Information System (RAiS), which now completes the two year project to improve the tax administration system as well as provide value added services to taxpayers with greater convenience and improved customer service delivery. The September 5, 2016 rollout involves the addition of Stamp Duty and Transfer Tax, Withholding Taxes, Environmental Protection Levy, Betting Gaming and Lottery Taxes and Trade and Business Licences to its suite of online services.

Stamp Duty and Transfer Tax
Persons will now be able to make payments for this tax type at any tax office island wide, with document processing being done at three locations Stamp Office Harbour Street, May Pen and Montego Bay tax offices. As part of the service enhancement through the RAiS platform, the stamping of documents with a vermillion stamp will now be replaced with the use of a barcode endorser.  This means that the validation of these documents will be done online.

Withholding Taxes
In respect of withholding taxes, these will all be managed via the RAiS platform, with a wider range of eServices now becoming available to taxpayers. With this improvement, taxpayers will be able to file all withholding tax returns and pay their balances as well as generate and/or claim withholding certificates from their online account. The specific changes include a return form being required for all withholding tax types, such as interest, dividends, contractors’ levy, withholding tax on specified services, management fees, royalty and other miscellaneous taxes withheld at source.

Additionally, prescribed persons will no longer be required to file a withholding tax on interest quarterly return, as the RAiS will be able to process the quarterly refund, based on the filing of the monthly returns. This now means that, taxpayers will be able to file all withholding tax returns and pay their balances as well generate and/or claim withholding certificates from their online account.

Betting, Gaming and Lotteries Taxes 
It should be noted that adjustments will be made to how Racing, Lotteries, and Sports Betting and Gaming are administered. As a result of the planned changes, the following will be implemented:
1. Persons in the BGL industry will be required to file returns based on due date.
2. The weekly submission of returns will be standardized.
3. Penalty will be charged for late payment.
4. Demand Notices will be sent for outstanding amounts.

Trade and Business Licenses
The September 5 rollout of RAiS3 will also see Trade and Business Licences being managed through the new system. Resulting from the change, an Application/Return will be required when applying for a trade licence.  In the event that a taxpayer does not apply for a renewal, an assessment will automatically be generated from the system.

To prepare staff for the new implementation, training has been conducted for over 900 personnel, including Auditors and Compliance Officers. Additionally, several stakeholder engagements have been held with the National Land Agency (NLA), Incorporated Masterbuilders Association (IMAJ), Jamaica Bankers Association, Bank of Jamaica, Jamaica Stock Exchange and several other interest groups and inter-governmental partners.

Discussions have also been held with the Chief Justice and other representatives of the Courts of Jamaica, the Jamaica Bar Association, and its Conveyancing Committee and the Cornwall Bar Association, as TAJ took on board the feedback of various interest groups to inform the smooth implementation of the new online tax services

Posted By :Meris Haughton

Company Name : Tax Administration Jamaica (TAJ)

Website :

Company Address : PCJ Building (4th Floor) 36 Trafalgar Road Kingston 10

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