The Ministry of Finance and the Public Service is reporting a strong response to the tax amnesty which got underway last month.
Finance Minister Audley Shaw says $2.1 billion has been collected since he announced the amnesty during his Budget presentation in April.
According to Shaw, persons have been making contact with the authorities in an effort to take advantage of the amnesty.
Under the six-month tax amnesty, persons who pay the outstanding amount by the end of June will have their interest and penalties waived.
After June, persons will have a portion of the interest and penalties waived, starting with an 80 per cent waiver in July through to a 20 per cent waiver to those paying in the final month of the amnesty, October.
Clarksman said
07:41 05/21 2008
eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!
vybz10107 said
08:13 05/21 2008
good
ZJSnyper said
08:16 05/21 2008
Dats why mi rate JLP CAUSE DEM COLLECT DI TAX
STUWY77 said
08:46 05/21 2008
that good man
Crazypickney said
13:14 05/21 2008
wow!!!
Garrick said
13:17 05/21 2008
ra**!! if that is collected in one month imagine how much more money they will collect by the end of the year.
MI AH PLAN FI STRIKE - MI want more that the 15% salary increase
The Ministry of Finance and the Public Service is reporting a strong response to the tax amnesty which got underway last month.
Finance Minister Audley Shaw says $2.1 billion has been collected since he announced the amnesty during his Budget presentation in April.
According to Shaw, persons have been making contact with the authorities in an effort to take advantage of the amnesty.
Under the six-month tax amnesty, persons who pay the outstanding amount by the end of June will have their interest and penalties waived.
After June, persons will have a portion of the interest and penalties waived, starting with an 80 per cent waiver in July through to a 20 per cent waiver to those paying in the final month of the amnesty, October.