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TAJ monitoring delinquent taxpayers who missed income tax deadline

Published:Saturday | March 26, 2016 | 12:52 PM

Tax Administration Jamaica (TAJ) has warned that it has commenced monitoring activities to determine and validate the level of non or partial compliance among taxpayers who did not meet the March 15 deadline to file their income tax.

TAJ says already its Revenue Administration Information System has detected that over 38,000 final and estimated returns have not been filed.

It says the system has generated notices that have been sent to these individuals and entities alerting them to their failure to file income tax returns.

TAJ says its staff has been contacting delinquent taxpayers to remind them of their obligation and advising them of their payment options.

However, the agency says come April 1 court action and other compliance activities will be conducted against those entities and individuals who have failed to file their income tax returns.

Meanwhile, TAJ is urging those companies and individuals who filed their income tax returns but did not make the required payments to settle their obligations or make arrangement to do so before March 31.

The agency is also appealing to delinquent taxpayers to come in and settle outstanding sums owed for General Consumption Tax as well as payroll and property taxes.