Government collecting billions more taxes
Jamaica's tax authorities have been collecting billions of dollars more in taxes than was anticipated.
The Government had projected to collect $179.2 billion in taxes at this point in the year but collections were $12.6 billion above target.
Dave Jeffery, deputy commissioner general of Tax Administration Jamaica, said that the improved collections is due to several factors including the decision to track down tax evaders.
“We are encouraged as our efforts are bearing fruit. We know that there is still more work to do and we will continue to utilise all the avenues available to encourage and foster voluntary compliance”.
Jeffrey cautioned that “tax evaders will be aggressively pursued through intelligence and enforcement actions and brought to book”.