Interactive Payroll Solutions

📢 Income Tax Update for Jamaica – Effective April 1, 2026

The PAYE income tax threshold has been increased, impacting how payroll should be calculated across all pay frequencies. Ensure your systems are updated to remain compliant and accurate.

🔧 Need help making the adjustment? Our April 2025 newsletter provides step-by-step guidance:
https://www.ipsjm.com/view/April_2025

📄 For full details, review the Government’s official revenue measures:https://www.mof.gov.jm/wp-content/uploads/Revenue-Measures-2025-2026.pdf

Stay ahead, accurate payroll is not optional, it is essential!

Important PAYE Reminder For Jamaica!

The full income tax threshold of $1,799,376 is now in effect for all payrolls.



For more information feel free to visit: https://tinyurl.com/2nf92pms

🚨 Important Banking Update 🚨
Sagicor Bank (Jamaica) Limited will discontinue Transit 334 effective November 30, 2025. All transactions must use Transit 081 going forward to avoid rejection.

Clients are encouraged to take action promptly to ensure uninterrupted processing.

The Government has approved tax-exempt disaster relief honorarium of up to $200,000, which represents the current cap, for employees during declared disasters from Nov 1, 2025 to Mar 2026. This marks an important step in supporting affected workers and employers

Learn more: https://tinyurl.com/46c27hbz