February 21, 2025
More than 4,000 uncollected payments for Reverse Income Tax Credit
Tax Administration Jamaica (TAJ) says there are currently 4,171 uncollected payments being held by remittance agencies for Reverse Income Tax Credit (RITC) disbursements.
TAJ in a media release on Friday urged individuals who have not yet collected their payments to do so before March 7, 2025, to avoid the monies being returned to the Consolidated Fund as required by law.
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Taxpayers are also being reminded that they will need to have on hand a valid government-issued identification as well as the transaction number that was sent to them via text or email when the notification of the disbursement being ready for collection was communicated.
Some $6.9 billion have been disbursed so far in one-time tax payments to 346,085 eligible individuals, since the October 2024 implementation.
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TAJ says though applications are closed, taxpayers can still access the Reverse Income Tax Credit Hub, on the TAJ portal at https://www.jamaicatax.gov.jm/ritc, to facilitate persons using the “Track Status of Application” option, or getting relevant information about RITC to include Frequently Asked Questions.
Additionally, applicants may get support by contacting TAJ via (888) TAX-BACK/ (888) 829-2225 or TaxBack@taj.gov.jm.
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Final payments are scheduled for March 7, 2025.
