Jamaica tax rates
The top rates a resident individual pays on each kind of income, computed by the Sovereign tax engine from its Jamaica tax profile.
Sources incomplete — at least one figure has no accepted source yet. Figures last changed 3 November 2026. Profile last reviewed 27 May 2026.
Scroll across the table to see all tax rates.
| Salary | Capital gains | Dividends | Interest | Rent | Crypto gains | |
|---|---|---|---|---|---|---|
| Jamaica | 34.25% | 0%† | 15%† | 25%† | 30%† | 0% |
† This figure rests on a PwC tax summary, not on the statute itself. The summary is the only source on file for it.
Each figure is the tax on one more unit of a very large amount of that income, with every layer the engine models: surtaxes and uncapped social contributions included. It is the top marginal rate, not the average rate you pay on all your income.
What is the top income tax rate in Jamaica?
The top rate on a salary is 34.25%. It is the tax on each extra unit of a very high salary, with surtaxes and uncapped social contributions included. The income tax scale alone reaches 30% above JMD 6,000,000.
How are capital gains taxed in Jamaica?
Jamaica does not tax a capital gain on shares held as an investment in our model. The rate does not depend on how long you held the asset.
How are dividends and interest taxed in Jamaica?
The top rate is 15% on dividends and 25% on interest. Rental income is taxed at up to 30%.
How is crypto taxed in Jamaica?
In our model Jamaica does not tax a private investor's gain on crypto assets.
Does Jamaica tax foreign income?
Yes. Jamaica taxes its residents on their worldwide income. A tax treaty or a credit for foreign tax can reduce the tax on income from abroad.
Does Jamaica have a wealth tax?
No. Jamaica has no recurring national tax on net wealth in our model. Property taxes and taxes on gifts or inheritances are separate.
Does Jamaica have an exit tax for individuals?
No. In our model Jamaica does not tax an individual's unrealised gains when the individual moves abroad.
When do you become tax resident in Jamaica?
The Jamaica day test (Official guidance describes six months; income-tax status needs other facts): official guidance describes six months; domicile and ordinary residence also matter. Intention, abode, habitual visits, domicile, ordinary residence and any treaty claim need review.
Residence decides whether Jamaica taxes you on these rates. See the Jamaica day-count test and count your own days.
Sources
The Jamaica profile cites 3 sources for these rules, 2 of them from a government or a statute.
- Increase in Income Tax Threshold Now in Effect, 14 April 2026 · official, retrieved 2026-11-03
- What’s In It For Me? PIT threshold · official, retrieved 2026-11-03
- PwC Worldwide Tax Summaries - Jamaica individual taxes · summary, retrieved 2026-05-27
The model covers the general rules for a resident individual. It does not cover every deduction, credit, tax treaty or local tax, and rules change after the check date above. Did you find an error? Tell us, with the source.
Compare Jamaica with other countries
Top rates do not show what you would pay. Sovereign applies these rules to your own assets, income and debts, and compares the result across 165 countries. Put Jamaica side by side with other countries, see every country or try the live demo.
Other countries in Caribbean: Saint Kitts and Nevis, Cayman Islands, Saint Lucia, Puerto Rico, Turks and Caicos Islands, Trinidad and Tobago.