Payroll-Services
- Salary Payments
- Job Letters
- NHT Letters
- Tax Compliance Certificate Letters
- Advances on Salary
- Advice to Staff
- Calculation and Preparation of NHT, NIS, PAYE and ED Tax lumpsum payments to the collaborate on a monthly basis.
- Calculation of UAWU overtime - done after the submission of overtime form to the Payroll Section
- Preparation of Cheques Outside of Normal Payroll (e.g. errors on Salary; information entered the PeopleSoft System late)
- Preparation of Pay Package for UAWU Staff members which is then submitted to the Bank for collection.
- Packaging of Cheques and Salary Slips - which are then sent to the porters lodge for distribution
- Payment for Academic Staff - Contracts sent from Appointment or Office of Administration the Salary is confirmed by Payroll, allowances are included and Bank Payment calculated (if necessary)
- Mailing of Pay Slips (e.g. to Western Jamaica SCS - Montego Bay)
- Lodging of Payments to UAWU Staff Members accounts at various Banks
- Returned Salaries: cheques not collected by employee and is returned to the Payroll Section which must be done when requested by the employee.
IMPORTANT INFORMATION
Deductions Taken Before Income Tax: -
Superannuation/FSSU, NIS, and Tax Free Sum Percentage Of Statutory Deduction
Income Tax …….25 %
NHT…………….……..2%
Ed Tax……………….2%
NIS……………………..2.5% (Up to a maximum Salary of $500,000 p.a.)
Persons Exempted From Income Tax
- Employees who are Physically Challenged
- Register with:- Jamaica Council for Persons With Disabilities; 18 Ripon Road OR Jamaica Council for the Handicapped 92 Hanover Street
- Expatriates Recruited from the United Kingdom & USA
- Must be a resident of the UK or USA (Lived and Work there for 2 years or more)
- Recruited from UK or USA
- Appointed here in a teaching or research profession
(In all cases this must be approved by the Inland Revenue Department)
The Income Tax Threshold
Year | Amount | Year |
Amount |
1986–1988 |
8,580 |
1997-1998 |
80,496 |
1989-1991 |
10,400 |
1999–2000 |
100,464 |
1992 |
14,352 |
2001–2003 |
120,432 |
1993 |
18,408 |
2004 |
120,432 |
1994 |
22,464 |
2005 |
132,600(144,768 + 120,432)/2 |
1995 |
35,568 |
2006 |
193,440 |
1996 |
50,544 |
2007 |
193,440 |
Additional $45,000 p. a. for Retiree (65 years & over)
Additional $45,000 p. a. for Pensioners
Visit the Income Tax website www.jamaicatax.gov.jm.
Additional $45,000 p. a. for Pensioners
Visit the Income Tax website www.jamaicatax.gov.jm.