VATJamaica GCT Calculator
GCT in Jamaica: add or remove 15% or one of the reduced rates from any amount in JMD, with the result shown instantly.
Jamaica GCT
How to calculate GCT in Jamaica
Adding GCT to a net price
GCT = net × 15 / 100
Gross = net × 1.15
Removing GCT from a gross price
Net = gross / 1.15
GCT = gross − net
Do not subtract 15% from the total to find the net price — divide by 1.15 instead. Subtracting the percentage removes too much, because GCT is only 13.04% of the gross amount.
GCT rates in Jamaica
Jamaica uses 3 GCT rates: a standard rate of 15%, reduced rate of 10% and a higher rate of 25% for specific goods or services. The standard rate is above the Americas average of 14.2% and shared with 22 other countries in our list.
Official source: jamaicatax.gov.jm. Rates checked October 2026.
GCT examples in JMD
Common amounts with 15% GCT added:
| Net | GCT 15% | Gross |
|---|---|---|
| 1,000.00 JMD | 150.00 JMD | 1,150.00 JMD |
| 5,000.00 JMD | 750.00 JMD | 5,750.00 JMD |
| 10,000.00 JMD | 1,500.00 JMD | 11,500.00 JMD |
| 50,000.00 JMD | 7,500.00 JMD | 57,500.00 JMD |
| 100,000.00 JMD | 15,000.00 JMD | 115,000.00 JMD |
| 1,000,000.00 JMD | 150,000.00 JMD | 1,150,000.00 JMD |
Removing GCT from gross prices
| Gross | Net | GCT |
|---|---|---|
| 5,750.00 JMD | 5,000.00 JMD | 750.00 JMD |
| 11,500.00 JMD | 10,000.00 JMD | 1,500.00 JMD |
| 57,500.00 JMD | 50,000.00 JMD | 7,500.00 JMD |
| 115,000.00 JMD | 100,000.00 JMD | 15,000.00 JMD |
Questions about GCT in Jamaica
What is the GCT rate in Jamaica?
The standard GCT rate in Jamaica is 15%. Reduced rates of 10% apply to selected goods and services, and a higher rate of 25% applies in specific cases.
How do I add 15% GCT to a price?
Multiply the net price by 1.15. For example 50,000.00 JMD × 1.15 = 57,500.00 JMD.
How do I remove GCT from a gross price in Jamaica?
Divide the gross price by 1.15. For example 57,500.00 JMD ÷ 1.15 = 50,000.00 JMD net; the difference is the GCT.
How much of a JMD price is GCT?
At 15%, GCT makes up 13.04% of the gross price (15 ÷ 115).