Wed | May 27, 2020

Cut in GCT takes effect today

Published:Wednesday | April 1, 2020 | 9:21 AM

Effective today, the standard rate of General Consumption Tax (GCT) payable in respect to taxable goods and services will be 15%. 

This is a reduction from the previous rate of 16.5%. 

The new GCT rate of 15% was published in the Jamaica Gazette on March 30.

Follow The Gleaner on Twitter and Instagram @JamaicaGleaner and on Facebook @GleanerJamaica. Send us a message on WhatsApp at 1-876-499-0169 or email us at or