The Jamaican Ministry of Finance and the Public Service has announced an increase in the personal income tax-free threshold from JMD 1,000,272 to JMD 1,500,096 per annum effective 1 April 2017. Because it is a mid-year change, the effective threshold for the 2017 tax year is prorated at JMD 1,375,140. The annual threshold for the 30% personal income tax rate is unchanged at JMD 6 million.

In …