Jamaica GCT on tourism is set to rise from 10% to 15% by April 2027, and the hotel industry is pushing back over costs and competitiveness.
Caribbean · Business
Key Facts
—Jamaica GCT Hike The tourism GCT is set to rise from 10% to 15% by April 2027, phased over two fiscal years.
—Implementation date The increase is deferred until 1 April 2027, giving the industry a transition period.
—Government revenue target The measure is projected to generate approximately J$11.4 billion (~US$73.6 million) in additional annual revenue.
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