The Personal Income Tax Rate in Jamaica stands at 30 percent. Jamaica Personal Income Tax Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Personal Income Tax Rate in Jamaica averaged 26.33 percent from 2004 until 2018, reaching an all time high of 35 percent in 2010 and a record low of 25 percent in 2005. This page provides - Jamaica Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Personal Income Tax Rate in Jamaica is expected to reach 30.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Jamaica Personal Income Tax Rate is projected to trend around 30.00 percent in 2021, according to our econometric models.


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Jamaica Personal Income Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
30.00 30.00 35.00 25.00 2004 - 2020 percent Yearly


Jamaica Personal Income Tax Rate
In Jamaica, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Jamaica.