Tax on electricity begins this month
Published:Wednesday | June 10, 2015 | 6:55 PM
The Jamaica Public Service (JPS) is advising its customers that it will begin applying the tax on electricity this month.
The JPS says a General Consumption Tax of 16.5 percent will be charged to residential customers who use more than 350 kilowatt hours of energy.
The re-introduction of GCT on electricity was announced by Finance Minister, Dr. Peter Phillips, as part of revenue measures when he tabled the 2015/16 budget in March.
At the time, Dr. Phillips said the GCT is expected to yield $807 million.