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

  1. 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
  2. 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.