Tax Compliance Made Easy (for Entrepreneurs )

About the Course
ILE Tax Compliance Made Easy (TCME) Short Course an introductory level 4-week course that will present the fundamentals of Taxation, by providing basic tax and related information to persons who intend to start/or already have a business. This course seeks to explain the initial requirements as well as some of the key ongoing obligations of the business person. At the end of the course, participants will understand the process and requirement for Business registration and the Tax obligations and responsibilities of a business entity and for self-employed persons. Participants will understand the main Tax Types, how they operate, how they are calculated and what entity type they are applicable to.  Participants will also be exposed to the TAJ’s online platform and the different services that can be accessed through the online medium.

This course is endorsed by the Tax Administration of Jamaica.

Entry Requirements :

-        NO SUBJECT REQUIREMENT

-        However, participants are expected to have good reading and listening skills. Must be able to apply basic arithmetic knowledge and effective communication skills.

-        Participant must also be able to maneuver basic computer skills.

Course Topics

1.      INTRODUCTION TO TAX COMPLIANCE AND BUSINESS REGISTRATION

2.      INTRODUCTION TO INCOME TAX

3.      INTRODUCTION TO STATUTORY CONTRIBUTIONS:

4.      INTRODUCTION TO GENERAL CONSUMPTION TAX (GCT):

5.      E-SERVICES:

Entry/Application Documents :

1.      Completed Application Form

2.      Valid Government Issued National ID (which bears a photo), and

3.      Copy Tax Registration Number or Social Security Number


Course Cost:

JMD $12,500.00

USD $100.00

FULL FEES Payable upon Registration Acceptance.

No Payment Plan.

Duration of Course :

4 Weeks

Modality :

Online Delivery

Class Registration opens : October 15, 2021

Class Commences : November 2021 (date TBA)

Class Frequency : twice per week (days TBA)

*TBA- To be Announced.

TOP