Holness Outlines New Taxation Plan

Opposition Leader Andrew Holness has proposed to increase the income tax threshold to $1.5-million per annum.

This means that Jamaicans whose annual gross income is $1.5-million or less will not pay income tax.

The measure is part of a ten-point-plan that Mr. Holness pitched to the electorate in a broadcast to the nation last night.

Mr. Holness says the measure is intended to give Jamaicans a break and allow them to improve their lives.

The measure is geared specifically at nurses, teachers and young professionals.

Mr. Holness is also promising that a JLP administration will make home ownership easier for Jamaicans.

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Jevon is a Reporter/Producer/Presenter with NNN. He holds a BA in Mass Communication (Journalism: emphasis) from Northern Caribbean University (NCU).