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.
[audio_mp3 url=”https://nationwideradiojm.com/wp-content/uploads/2016/02/Holness-on-Reducing-Taxes-FEB-5-2016.mp3″]
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.
[audio_mp3 url=”https://nationwideradiojm.com/wp-content/uploads/2016/02/Holness-on-Empowering-Jamaicans-FEB-5-2016.mp3″]
Mr. Holness is also promising that a JLP administration will make home ownership easier for Jamaicans.
[audio_mp3 url=”https://nationwideradiojm.com/wp-content/uploads/2016/02/Holness-on-NHT-Refrom-FEB-5-2015.mp3″]
–30–
