Jamaica cuts GCT rate to 15% 1 April 2020
Jamaica cuts GCT rate to 15% 1 April 2020
in Tags
COVID-19 forces General Consumer Tax subsidy In its 2020/21 budget, the Caribbean Island of Jamaica has reduced its standard General consumption tax (its Value Added Tax) rate from 16.5% to 15%. This will tax effect from 1 April 2020. The GCT cut is aimed at