Income tax calculator Jamaica

See how much income tax you owe for the whole year of assessment, which in Jamaica runs from January to December.

It helps when you file a return, check your P24 at the end of the year, or receive a pension and want to know what the exemptions save you.

How it's calculated

Statutory income: salary less NIS and approved pension contributions, plus any pension you receive.
Exemptions: J$250,040 if you receive a pension from an approved scheme, and J$250,040 if you are 65 or over. Under 55, the pension exemption only covers your pension income.
The first J$1,876,614 is tax free. That is the effective threshold for the year, because the annual threshold goes up every April 1.
From the threshold up to J$6,000,000 of statutory income the rate is 25%. Above J$6,000,000 it is 30%.

An example

A salary of J$3,000,000 in 2026 with no pension plan gives NIS of J$90,000 and statutory income of J$2,910,000. Income tax is 25% of J$1,033,386, which is J$258,346.50.

Frequently asked questions

Why is the 2026 threshold not the same as the April figure?

The annual threshold rose to J$1,902,360 on April 1, 2026, but January to March still used the old one. TAJ blends the two, so the effective threshold for 2026 is J$1,876,614.

When does the 30% rate apply?

Only on the part of your statutory income above J$6,000,000 a year. Everything below that, after the threshold, is taxed at 25%.

Who gets the pension exemption?

Anyone who receives a pension from an approved superannuation fund or retirement scheme. From age 55 you can set it against any income. Under 55 it only applies to the pension itself.

Key terms

Year of assessment: The calendar year, January 1 to December 31, for which your income tax is worked out.
Effective threshold: The tax-free amount for a whole year when the threshold changes part way through it.