We hope you found the Jamiaca Tax Calculator useful, this site now provides historical tax calculations only, please use the Jamaica 2025 Tax Calculator to calculate income tax in Jamaica for 2025
✔ Complete income tax calculations and salary example for $ 110,000.00 salary per annum
This income tax calculation for an individual earning $ 110,000.00 per annum is provided to allow you to compare salaries and understand the tax and payroll deductions that are applied during the 2023/24 tax year.
The Jamaica salary and tax examples provides an overview of salary deductions followed by the details of the calculations and explanation of how income tax is calculated and deducted from your salary. Our aim is to make the tax calculation transparent so you can clearly understand how your tax, salary deductions and contributions are calculated.
The $ 110,000.00 salary income tax calculation uses default setting to illustrate Pension, National Insurance Scheme (NIS), Education Tax, National Housing Trust (NHT) and income tax deductions. You can also produce your own bespoke income tax calculation by entering your own income and expenditure for 2023/24 in the Jamaica Income Tax Calculator.
The $ 110,000.00 salary example shows the payslip amounts for each month during a normal year. As a standard year has two parts of a tax year your monthly take home pay will change in Jun.
Standard tax calculations and salary examples normally illustrate a full tax year and not a Jan-Dec year. We show this example here as this is the common example illustration on Jamaica Gov. website.
| Jan - Mar | Apr - Dec | Tax Year | ||||||||||
| Monthly Income | $ 9,166.67 | $ 9,166.67 | $ 110,000.00 | |||||||||
| Income Tax | $0.00 | $0.00 | $0.00 | |||||||||
| Education Tax | $ 200.06 | $ 200.06 | $ 2,400.75 | |||||||||
| NHT | $ 183.33 | $ 183.33 | $ 2,200.00 | |||||||||
| NIS | $ 275.00 | $ 275.00 | $ 3,300.00 | |||||||||
| Total | $ 658.40 | $ 658.40 | $ 7,900.75 | |||||||||
| Net Pay | $ 8,508.27 | $ 8,508.27 | $ 102,099.25 | |||||||||
Income Tax is calculation based on the amount you earn. Income tax is calculated on a threshold basis with certain tax years applying different rates applied depending on your income. The table below illustrates an income tax calculation for a $ 110,000.00 per annum salary in 2023/24.
| $0.00 | Taxable Income in 2023/24 | |
| x | 25% | Standard Income Tax Rate in 2023/24 |
| = | $0.00 | Income Tax Due in 2023/24 |
In Jamaica, each individual is entitled to tax free personal allowance. This allowance changes with your age with an additional element for retired Jamaicans. The table below illustrates the personal tax allowance in Jamaica for an individual aged 25 for the 2023/24 tax year.
| $ 1,500,096.00 | Standard Individual Allowance in 2023/24 | |
| = | $ 1,500,096.00 | Total Personal Allowance in 2023/24 |
For those who prefer a full tax year calculation or to view full employer costs, tax calculation examples and more detailed outputs, use the Jamaica Tax Calculator where you can choose the type of calculation output you wish to view.
NIS is a social security scheme that is funded by compulsory deductions from employee and employer salary deductions. NIS provides financial protection to individual workers and their families in the event there is loss of income as a result of an injury on at work, if incapacitated, when retired or in the unfortunate death of the individual concerned.
The NIS example below shows how NIS deductions are calculated in 2023/24 tax year for an annual salary of $ 110,000.00.
| $ 110,000.00 | Annual Salary in 2023/24 | |
| + | $0.00 | Other Income in 2023/24 |
| = | $ 110,000.00 | Total Income in 2023/24 |
| $ 5,000,000.00 | National Insurance Scheme (NIS) Ceiling in 2023/24 | |
| = | $ 110,000.00 | Amount subject to NIS in 2023/24 (the lesser of the two amounts above) |
| x | 3% | National Insurance Scheme (NIS) Rate in 2023/24 |
| = | $ 3,300.00 | National Insurance Scheme (NIS) Due in 2023/24 |
You can calculate and see the calculations for Employer NIS contributions on the Jamaica Tax Calculator, you can also see the total cost of employment for an employee earning $ 110,000.00.
Education tax is paid by all individuals aged 18 to 65. The education tax deduction is taken directly from employee salaries with education tax rates applied against employees and employers. See the Jamaica Tax tables for the latest Education Tax rates.
| $ 110,000.00 | Annual Salary in 2023/24 | |
| x | % | Education Tax contribution percentage in 2023/24 |
| = | $0.00 | Total Education Tax due in 2023/24 |
NHT is a government scheme designed to provide low interest loans to NHT Contributors who in turn build, buy or repair/improve their houses. NHT can also be used to buy or build on 'lots'. The NHT calculation below illustrates the NHT salary deductions in 2023/24 for an annual salary of $ 110,000.00.
| $ 110,000.00 | Annual Salary in 2023/24 | |
| x | 2% | National Housing Trust contribution percentage in 2023/24 |
| = | $ 2,200.00 | Total National Housing Trust due in 2023/24 |
| $0.00 | Pension Contributions in 2023/24 | |
| + | $ 3,300.00 | Employer National Insurance Scheme (NIS) due in 2023/24 |
| + | $ 2,400.75 | Education Tax due in 2023/24 |
| + | $ 2,200.00 | National Housing Trust (NHT) due in 2023/24 |
| + | $0.00 | Income Tax due in 2023/24 |
| = | $ 7,900.75 | Total Salary Deductions in 2023/24 |
Low Income tax credits are calculated based ona threshold approach with the non-refundable tax credit phasing out as you earn more income.
| $ 110,000.00 | Annual Salary in 2023/24 | |
| x | % | Education Tax contribution percentage in 2023/24 |
| = | $0.00 | Total Education Tax due in 2023/24 |
Disclaimer: whilst we aim for 100% accuracy in our payroll, tax and salary calculations we make no guarantee as to the accuracy of the information herein. This tool is provided free of charge to support those who are looking at alternate salaries or to improve the knowledge and understanding of income tax in Jamaica, it is not a 100% accurate tax return or tax refund calculation. If however you do spot a mistake in our calculations, the rates or thresholds used, please get in touch. Whilst we make no guarantees on the accuracy on the tax calculations, we do aim to be 100% accurate. This position allows us to support our community without any unnecessary grumpiness or actions from legal folk.