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Tax on electricity begins this month

Published:Wednesday | June 10, 2015 | 6:55 PM

The Jamaica Public Service (JPS) is advising its customers that it will begin applying the tax on electricity this month.

The JPS says a General Consumption Tax of 16.5 percent will be charged to residential customers who use more than 350 kilowatt hours of energy.

The re-introduction of GCT on electricity was announced by Finance Minister, Dr. Peter Phillips, as part of revenue measures when he tabled the 2015/16 budget in March.

At the time, Dr. Phillips said the GCT is expected to yield $807 million.