- Brackets updated
Refreshed for 2026 — `data_year`, `verified`, PIT brackets with 0% threshold JMD 1,876,614, sources, residency and filing prose, editor notes Source
Top income tax
30.0%
Worldwide system
Corporate tax
25.0%
GCT
15.0%
standard rate
Tax residency
183 days
15 tax treaties
Jamaica tax profile
Data year: 2026
- Tax system
- Worldwide Jamaica taxes residents on worldwide income. Non-residents are taxed on Jamaican-source income only. Unregulated companies pay CIT at 25%; regulated financial and utility companies generally pay 33⅓% (with listed exceptions at 25% or 30%).
- Top PIT rate
- 30.0%
- Corporate tax rate
- 25.0%
- GCT
- 15.0%
- Capital gains tax
- No Capital Gains Tax
- Social security (employee)
- 3.0%
- Social security (employer)
- 3.0%
- Social security cap (annual)
- JMD 5,000,000
- Dividend withholding
- 15.0%
- Interest withholding
- 25.0%
- Royalty withholding
- 25.0%
- Treaty count
- 15
Income tax brackets
Corporate
| Bracket min | Bracket max | Rate |
|---|---|---|
| JMD 0 | and above | 25.0% |
Personal income
| Bracket min | Bracket max | Rate |
|---|---|---|
| JMD 0 | JMD 1,876,614 | 0.0% |
| JMD 1,876,614 | JMD 7,876,614 | 25.0% |
| JMD 7,876,614 | and above | 30.0% |
Tax residency
- Days threshold
- 183 days
- Residency rules
- An individual is generally resident for a calendar year if they spend at least six months in Jamaica, maintain a place of abode available in Jamaica and visit during the year, or habitually visit for substantial periods (TAJ often treats three months in total as substantial and four consecutive years of visits as habitual). Non-residents have no nil-rate threshold and pay 25% from the first dollar of Jamaican-source statutory income.
- Exit tax
- No
- CFC rules
- No
Filing information
- Fiscal year
- 01-01 – 12-31
- Filing deadline
- March 15
Sources
- TAJ — Income tax threshold (Technical Advisory) (accessed Oct 9, 2026) 2026 effective annual threshold JMD 1,876,614; April 2026 threshold JMD 1,902,360
- TAJ — Payroll taxes and statutory contributions (accessed Oct 9, 2026) PAYE 0/25/30% bands, NIS 3%+3% capped at JMD 5M
- PwC Jamaica Tax Summary (accessed Oct 9, 2026) PIT thresholds 2024–2028, CIT tiers, GCT 15%, WHT, residency, filing, social contributions
- OECD — Jamaica treaty peer review (accessed Oct 9, 2026) 15 tax agreements in force (14 bilateral plus CARICOM multilateral)