Country pack
communityJamaica
Ekwo is free, open source accounting software. Its Jamaica pack carries the chart of accounts (Jamaica reference chart of accounts, 118 accounts), 3 tax rates in JMD, the periodic return (GCT return (Form 4A, standard return), 19 boxes), and the financial statements (Statement of financial position, Income statement). Last checked on 2026-10-18 against 8 texts of law and official sources.
- Country code
JM- Currency
JMD- Pack version
0.2.0- Last checked
- 2026-10-18
What the pack carries
- Charts of accountsWhat a company installs, and who each chart is published for.
default(default) — 118 accounts, for companies
- TaxesHow many the pack carries, at which distinct rates, and which treatments it can express.
- 10 taxes at rates of 0, 15, 25
domestic,exempt,export,import - Periodic declarationThe form the accounts are read into, the cadences it is filed on, and how many boxes it has.
JM-GCT-RETURN— 19 boxes, filed month
- When it is dueA rule of the country, not a date. A pack that cannot state its rule states nothing.
- the last day of the month after the period
- The file it is deposited asThe brick of packages/formats that writes it, where one exists.
- filed by hand on the administration’s portal
- Electronic invoicingThe profile the country imposes, the day it starts, and the text that imposes it.
- no profile — no obligation in law
No Jamaican text read for this pack obliges a business to issue or accept an electronic invoice: Tax Administration Jamaica's GCT page asks for a pre-numbered tax invoice without naming a platform, a format or a Peppol profile. No Peppol authority for Jamaica was looked for. `profile`, `party_scheme` and `vat_scheme` are null: there is no domestic profile to name
- Where the tax balance landsThe accounts a filed declaration settles to, by role.
- payable
2100 - receivable
1172
- payable
- Bank statementsThe formats this country’s banks send, and whether anything here reads them.
- no format named
- Payment filesThe formats the country’s banks accept for an outgoing payment.
- no format named
- Financial statementsThe schemes the chart reports on, and the taxonomy their keys are written against.
JM-IFRS-SME-SFP— 22 linesJM-IFRS-SME-IS— 7 lines
- Who has read itA pack is reviewed when a named professional has read it against the law, and never before.
communityno named reviewer8 sources cited- Last checked against the lawThe most recent day somebody opened one of the texts the pack was built from.
- 2026-10-18
- Pack versionWhat this pack calls itself, the day it says its transcription is true, and the languages it publishes.
0.2.0— published 2026-10-23en
Free, and operated
Where the open core stops.
The line is operational, not functional. Everything that keeps working on its own is open core; what needs credentials, a certificate or a channel somebody keeps running is the hosted edition.
JM-GCT-RETURNdeclarationFree, for everComputed from the ledger, frozen box by box, filed by hand on the administration’s portal, and what it owes is carried to 2100. The deposit number and the administration’s own words come back into your own database.
OperatedTransmission: the credentials, the certificate and a channel somebody keeps running. The return stays yours.
What it was built from
8 sources — the law this pack was read against
- Form 4A, General Consumption Tax Return (revision of 3 June 2025) and its instructions — the lines of the standard return
Tax Administration Jamaica, Ministry of Finance and the Public Service · form · read 2026-10-18
- General Consumption Tax — how the GCT works: rates for telephone services and tourism, registration threshold of $15,000,000 from 1 April 2025, credit and refund, tax invoice. The page also still carries the former 16.5 % standard rate: the rate used is the one of the Advanced GCT document
Tax Administration Jamaica, Ministry of Finance and the Public Service · guidance · read 2026-10-18
- Advanced GCT — states that the standard rate of 15 % came into effect on 1 April 2020, from 16.5 % before
Tax Administration Jamaica, Ministry of Finance and the Public Service · guidance · read 2026-10-18
- General Consumption Tax forms — Forms 1 (registration), 4A, 4C, 4D, 4E, 4G, 4H, the return period and the due date of each
Tax Administration Jamaica, Ministry of Finance and the Public Service · form · read 2026-10-18
- New filing due date for monthly GCT returns now in effect — returns and payments due on the last working day of the month, from 1 October 2014
Jamaica Information Service · guidance · read 2026-10-18
- GCT exemption threshold for MSMEs increased to $15 million
Jamaica Information Service · guidance · read 2026-10-18
- IFRS for SMEs Accounting Standard
IFRS Foundation / International Accounting Standards Board · standard · read 2026-10-18
- TAJ Portal — the online service the GCT return is filed through
Tax Administration Jamaica, Ministry of Finance and the Public Service · portal · read 2026-10-18
Partners
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