SELF employed persons are to submit their second quarterly estimated income tax for 2010 by Tuesday, June 15, the Tax Administration Services Department (TASD) said today.

The department says it has introduced an online payment option to make it easier for persons to make their payment.

Business persons are now able to log on to the tax portal at www.jamaicatax-online.gov.jm from the convenience of their home or office and at any time, to pay their estimated income tax, using a valid major credit card, the TASD said in a release. The tax portal also accommodates the payment of all major tax types including property, payroll and General Consumption Taxes.

Under the Income Tax Act, taxpayers are required to pay estimated income tax to the Collector of Taxes, Inland Revenue Department in four quarterly instalments by March 15, June 15, September 15 and December 15 each year, based on the income they estimate they will earn for the year.

Pay As You Earn (PAYE) employees are exempted from this requirement.