The tax situation!

July 16th, 2017

If you are like me then you eagerly await your pay cheque. It’s one of the only times when whatever job you do is worth it because it gives you the opportunity to pay your bills. Unfortunately, that happiness usually disappears when I realize how much money was taken out for taxes. When I go [...]


Are you paying your taxes?

January 22nd, 2017

No one likes paying taxes.  After you have worked long hours it might be tempting to resent the amount of money that is sent to the government.  There are also a number of people who pay no tax at all. Paying your taxes is considered a civic duty, although doing so is also a requirement [...]


No taxes? No problems!

June 30th, 2016

Can you imagine a world where no one paid taxes? In a perfect world the cost of the item would be the one marked on the price tag.  Imagine taking home more money in your pay cheque! Why do we need to pay taxes anyway? Taxes -Importance Taxes take many forms. When you work at [...]


Budget Woes!

March 17th, 2015

Do you have a budget? How easy was it to stick to the budget you created? Can you imagine how much more difficult it is to create a budget for an entire country? Of course, it is with great trepidation that we as citizens of the country, await the presentation of the yearly budget. All [...]


Debt and Taxes!

March 12th, 2015

Benjamin Franklin once said: “In this world nothing can be said to be certain, except death and taxes.” Of course, that statement is just as true today as it was centuries ago. Taxation is certainly not a new concept as governments need the revenue to keep the country’s financial matters in order. Jamaica is in [...]


Do you pay your taxes on time?

February 19th, 2014

In Jamaica, we have a strong aversion to doing anything on time. Often consumers wait until the very last moment before they pay anything whether its bills or taxes. This means that on the last day before any deadline, the lines to pay are usually very long and this contributes to the frustration of consumers. [...]