Jamaica
Jamaica calculators
With the values in force in Jamaica, the source of each one and the date we checked it.
Official data, updated automatically
An automated process checks the official sources every day. Rule changes go live after we verify them.
- Last review of the rules
- Latest automatic figure
- BOJ weighted average selling rate, Jamaican dollars per US dollar,
- Official sources
- 13 official documents
Pay and work
Pay and extras
- Salary calculator JamaicaPut in your gross monthly salary and see what reaches your account on payday. Every statutory deduction shows line by line, the way it appears on your payslip.
- Minimum wage calculator JamaicaThe national minimum wage is J$17,000 for a 40-hour week, which is J$425 an hour. It applies from 1 July 2026.
- Overtime calculator JamaicaEnter your hourly rate and the hours you worked this week. The calculator splits normal hours, overtime and double time, and adds them up.
- Vacation leave calculator JamaicaVacation leave in Jamaica depends on how many days you worked for your employer in the qualifying year and how long you have been with them.
- Hourly to salary calculatorHow much is your salary per hour? What does an hourly offer come to per year? Enter an amount, pick the period and we show all the others.
- Pay raise calculatorYou have been offered a raise, or you are about to ask for one. Enter your pay and the raise, as a percentage or an amount, and see how much changes each month and year.
- Time card calculatorPick the start and end time for each day, your unpaid break and your hourly pay. We show total hours, overtime and your pay for the week.
Taxes
- Income tax calculator JamaicaSee how much income tax you owe for the whole year of assessment, which in Jamaica runs from January to December.
- NIS, NHT and Education Tax calculatorEnter your monthly gross pay to see the three statutory contributions that come off every Jamaican payslip, and what your employer adds on top.
- Employer cost calculator JamaicaHiring someone costs more than the salary. On top of gross pay the employer pays four statutory contributions to TAJ every month.
- GCT calculator JamaicaGeneral Consumption Tax (GCT) is Jamaica's tax on goods and services. Most items carry the standard rate of 15%.
Money and indexes
Loans, savings and investing
- Loan calculatorBefore you sign for a loan, two numbers matter: what you pay each month and what the loan costs you in interest.
- APR to APY calculatorTwo offers with the same rate can cost different amounts. The difference is how often interest is charged or paid.
- Mortgage calculatorA mortgage is the biggest debt most households ever take on. It pays to see the full numbers before you talk to a lender.
- Rent vs buy calculatorComparing the mortgage payment with the rent is not enough. Buyers pay interest, upkeep and property tax, but they end up owning the home. Renters can keep the down payment invested.
- Compound interest calculatorWith compound interest, the interest is added to your balance and starts earning interest of its own. That is why savings grow faster and faster.
- Simple interest calculatorSimple interest is always worked out on the original principal: interest is not added to the balance during the term.
- Savings goal calculatorA trip, a car, a deposit on a home or a cushion for surprises. A goal with an amount and a date is much easier to hit.
- Retirement savings calculatorA state pension often is not enough to keep your standard of living. Savings of your own, even small ones, make a big difference if you start early.
- Credit card payoff calculatorA credit card is usually the most expensive debt you have. Paying only the minimum stretches it out for years and piles on interest.
- 50/30/20 budget calculatorThe 50/30/20 rule is a simple way to plan your month. Half goes to essentials, 30% to things you enjoy and 20% to savings.
- Emergency fund calculatorAn emergency fund is money set aside for what you can't plan for: losing your job, a health problem or an urgent home repair.
- Car cost calculatorMost people know what they spend on fuel. Few add up insurance, maintenance, parking and, above all, the value the car loses every year.
Business and self-employment
- ROI calculatorA 50% gain sounds great, but it is not the same over 2 years as over 10. To compare investments you need the return per year.
- Profit margin calculatorMargin and markup get mixed up all the time, and the difference can cost you money. Both measure the same profit, but against a different base.
- Break-even calculatorThe break-even point is the level of sales where a business neither makes nor loses money. Below it you lose, above it you start to profit.
- Freelance rate calculatorThe most common freelance mistake is taking the salary you would want as an employee and dividing it by 160 hours. That leaves out taxes, expenses, vacation and every hour you can't bill.
Other calculators
- Sick leave calculator JamaicaEvery worker in Jamaica except casual workers is entitled to paid sick leave. How much depends on how long you have been with your employer.
- Maternity leave pay calculator JamaicaThe Maternity Leave Act gives you 12 weeks of maternity leave. Your employer pays 8 weeks of them if you qualify.
- Transfer tax and stamp duty calculator JamaicaWhen land or a house changes hands in Jamaica, TAJ charges transfer tax on the market value and stamp duty on the documents.
- Property tax calculator JamaicaProperty tax in Jamaica is charged every year on the unimproved value of your land. The house or building on it does not change the tax.
- NHT mortgage calculatorThe National Housing Trust lends to its contributors at low rates. Your interest rate depends on your weekly income band.
- Car registration and licence fee calculator JamaicaThe motor vehicle licence fee you pay at the tax office depends on your car's engine size and on whether you licence it for 6, 12 or 24 months.