Golding Says Next PNP Gov’t Will Raise Income Tax Threshold by at least 40%

Opposition Leader Mark Golding has committed to a minimum 40 percent increase in the income tax threshold if his party forms the next government.

Currently, Jamaicans who earn $1.5 million or less are spared the income tax payment of 25 percent of their gross pay. A 40 percent increase in the threshold would extend that benefit to those earning as high as $2.1 million.

Mark Golding, President of the People’s National Party. He was speaking at a media briefing Wednesday afternoon.