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Jamaicans earning above $1.7 million are to get approximately $75,000 over three years following Finance Minister Fayval Williams’ announcement of an increase in the income tax threshold to $2 million. Williams, the country’s first woman minister of finance, opened the 2025-26 Budget Debate in Parliament on Tuesday, outlining a number of benefits for the upcoming fiscal year, including the increase in the pay-as-you-earn income tax threshold. Read more: https://jamaica-gleaner.com/article/lead-s
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