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Zero-Rating to be Done Online Effective September 1

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Tax Administration Jamaica (TAJ) is advising that effective Tuesday, September 1, 2015 entities qualified for zero-rating, such as schools, charities and embassies, will be required to request zero-rating approval letters online using the TAJ Eservice facility at www.jamaicatax.gov.jm.  The changes will also allow.

As a result of these changes, entities entitled to zero-rating on goods and services will no longer be able to get their invoices stamped “zero-rated” at a tax office, but will be required to make these requests online. Zero-rating approval/rejection letters will be generated electronically as part of the process. Business persons and suppliers will also be able to confirm the validity of transactions which have been approved for zero-rating.

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Jamaica’s Venture Capital Programme Ranks 9th in Latin America and the Caribbean

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Audrey Richards, JVCP Project CoordinatorJamaica’s efforts to put venture capital into the investment and entrepreneurial mix are paying off. The Latin American Private Equity and Venture Capital Association (LAVCA) has ranked the country 9th in its 2015-2016 Scorecard, thereby placing Jamaica ahead of the Dominican Republic and Argentina.

The LAVCA Scorecard ranks 14 countries by their venture capital ecosystems. Jamaica obtained and overall score of 46, and ranked 9th out of a total 11 Latin American and Caribbean countries.  LAVCA described Jamaica’s efforts to develop its investment and entrepreneurial ecosystem as “noteworthy.”

 

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Tourism

Jamaica's North Coast Primed For Investment

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Saturday, 31 October 2015

On October 7, 2015 The Jamaican Tourism Minister Dr. Wykeham McNeill declared that there is a massive wave of investment on the North Coast of Jamaica.

"What you have happening is people doing business in Jamaica being successful and investing in a...

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Opinions/Editorials

Africa’s Growing War on Corruption

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Sunday, 10 January 2016

Africa's War On CorruptionTo the chagrin of most Africans, the world has long viewed their continent through the prism of the three “Cs” – conflict, contagion, and corruption.

Yet the first two are anything but general. Civil war is confined mainly to particular regions – f...

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Self Improvement

If Money Were No Object

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Thursday, 14 July 2011

Let’s face it. The business will always need something else. Just like there will always be people who will ask for your help. Where we get caught is when we begin to believe that we can actually bring the

“need” to a close. “If I can just make ano...

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