KINGSTON, Jamaica – The Tax Administration Jamaica (TAJ) says it has launched an audit programme aimed at regularising people with multiple employment and who, therefore, may be benefitting from the threshold more than once in a given year.

According to a release from the agency today, thousands of these taxpayers have been unearthed and identified by the recently implemented Revenue Administration Information System (RAiS) through its discovery module.

“Where a taxpayer has multiple sources of income, he/she has an obligation to file a personal income tax return, reporting his/her total income earned, tax payable, withholding tax suffered and any tax liability for the year of assessment,” TAJ explained.

“This programme, which is aimed at standardising such anomalies, has two main objectives. Firstly, to assess any additional taxes that may be due arising from the taxpayer’s employment information presented including statutory deductions, and secondly, to educate them on their entitlement to one threshold per year of assessment as well as their obligation to report and declare income from more than one employer,” the release added.

The TAJ said that taxpayers will receive letters from their audit team outlining their current tax status. As is customary, the taxpayer will be afforded an opportunity to make a payment arrangement which may be facilitated through the tax payment portal at www.jamaicatax.gov.jm.

The programme, which is currently underway, is expected to continue into the next financial year and is one of several compliance strategies being employed by the revenue authority.