Grow Your Business by Paying Your Taxes

Let’s face it, taxes are essential. Often referred to as a social contract between the population and the economy, paying taxes ensures the provision of education, health, and other infrastructure and services that are necessary to allow our businesses to grow and to otherwise achieve the universal goal of a functional society.

Simply put- it is an instrument of nation-building and social solidarity.

However, despite its importance, many experience challenges with the actual process of paying taxes- long lines, can be time-consuming and in our current reality, places us at risk with in-person visits.

While paying taxes is not usually considered an enjoyable experience, it can be easier, safer and more efficient through online payments.

The Government of Jamaica has provided an online option for tax payments through its web portal www.jamaicatax.gov.jm . This platform allows you to make payment for various tax types including:

• Income Tax – Individual and Corporate
• General Consumption Tax
• Property Taxes
• Asset Tax
• Contractor’s Levy
• Special Consumption Tax
• Withholding Taxes (Interest, Specified Services, Miscellaneous)

These payments are facilitated 24 hours per day, eliminating the need to visit the tax office!

This means, as businesses, you may ease the pain of remaining compliant by having three simple things on hand. These 3 things are:

• A VISA or Mastercard Credit or Debit Card
• Taxpayer Registration Number (TRN)
• A smart device with internet access

Next, you will need to follow these five easy steps to pay your taxes online:

1. Click here to visit the Tax Administration of Jamaica Virtual Tax Office.
2. Enter username and password, if you already have an account to make the payment. Otherwise, create a new login to make payments.
3. On the eServices page under Pay Taxes and Fees, select the tax type you’d like to pay.
4. Enter and confirm your tax details and then enter the details of your FGB Tax Credit Card.
5. Once the payment is completed you may email or print the statement of payment for your records.

As a bank that recognizes the importance of taxes and convenience, among our suit of VISA issued credit and debit cards, is one specialized for Tax purposes.

This card not only helps to facilitate this easy online process but provides a safe and convenient way to pay all GCT, custom duties and corporate taxes while you earn cashback.

It’s literally like getting paid to pay your taxes!

Speaking of incentive, as the deadline for Tax Payments, March 15, 2022, quickly approaches, FGB is looking to assist as many businesses as possible with all their tax payments online using the FGB specialized Credit Card which can only be used at Government merchants. Under our Tax Card Promotion, new applicants pay NO ANNUAL or MONTHLY FEES!

Other benefits of using this FGB Credit Card for Tax Purposes include:

• Ability to Pre-pay from available funds
• Cards can be used at all Government Entities
• 24-hours Call Centre Services
• 24-hour access to view and reconcile accounts online
• Receive Alerts on all authorizations attempts

Click here, to sign up for your FGB Credit Card for Tax Purposes give us a call at 888-CALL-FGB (225-5342) to learn more or get started with your Credit Card for Tax Purposes today.