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Education Tax Increase

The increase in the Education Tax is being undertaken to address the continued shortfall being experienced by the Student's Loan Bureau. The increased amounts will therefore be targeted to greater funding for said entity as a part of GOJ commitment to improvement in the education system.

Effective April 1st, 2013:

The Education Tax has been increased by 0.5 percentage points for employers and 0.25 percentage points for employees/self-employed.

The tax is imposed as follows:

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