Jamaica Personal Income Tax

Personal income tax rates and bands

Resident individuals receive an annual tax-free threshold, then pay tax at 25% up to a band ceiling and 30% above it. Non-residents get no threshold and are taxed from the first dollar.

• Resident rate — first band — 25% on chargeable income up to JMD 6,000,000 per annum (JMD 500,000 per month) % (Income Tax Act)
• Resident rate — second band — 30% on chargeable income exceeding JMD 6,000,000 per annum % (Income Tax Act)
• Tax-free threshold (2025) — JMD 1,799,376 per annum (JMD 149,948 per month) JMD (Income Tax Act)
• Prior-year threshold (2024, for reference) — JMD 1,700,088 per annum (JMD 141,674 per month) JMD (Income Tax Act)
• Threshold phase-in to JMD 2,003,496 — Threshold being increased over three years toward JMD 2,003,496 for all individuals JMD ((approx — confirm exact per-year tranches)) (Income Tax Act)
• Non-resident individual rate — 25% flat on Jamaica-source chargeable income from the first dollar (no tax-free threshold) % (Income Tax Act)
• Additional age/pension exemptions — Additional exemptions available for pensioners and individuals aged 65 and over (amounts vary) ((approx — confirm exact exemption amounts)) (Income Tax Act)
• Residence test — An individual is generally resident if present in Jamaica for at least six months in the year of assessment, or who ordinarily resides in Jamaica ((approx — confirm statutory wording)) (Income Tax Act)
• PAYE withholding — Employment income is taxed at source under the Pay As You Earn (PAYE) system (Income Tax Act)
• Annual self-employed/individual return form — Form S04 (annual return of income), filed by 15 March of the following year (Income Tax Act)
• Estimated income tax return form (individuals) — Form S04A — quarterly estimated payments due 15 March, 15 June, 15 September, 15 December (Income Tax Act)
• Final balance of tax due — Balance after estimated instalments due 15 March of the following year (Income Tax Act)