On 12 May 2016, Jamaica's Finance and Public Service Minister Audley Shaw presented the 2016/2017 Budget for debate. The Budget includes changes in personal income tax including:

• A two-phase increase in the personal income tax exemption threshold to JMD 1,000,272 effective 1 July 2016, and JMD 1,500,000 effective 1 January 2017; and
• The introduction of a 30% personal income tax rate for income…