Guest Accommodation Room Tax Return
The Guest Accommodation Room Tax (GART), introduced in 2012, is a tax payable by individuals/entities in the business of providing guest accommodation, whether or not the individual/entity is registered under the Tourist Board Act or the General Consumption Tax Act, at the rates specified. The tax is calculated based on the category of guest accommodation (size of property), having regard to the number of guest rooms available for occupancy and the number of nights or periods of shorter duration for which those rooms are occupied as guest accommodation rooms; and is without prejudice to any other tax or charge imposed under any other Act pertaining to the supply of guest accommodation.
For the purposes of this tax, “guest accommodation” means a facility providing sleeping accommodation by itself or together with facilities for meals and other amenities for the accommodation of transient guests, including tourists (within the meaning of the Tourist Board Act) and whether or not provided for reward; but shall not include:
1. Any letting for residential purposes;
2. Any accommodation provided for persons under a contract of service with the operator; and
3. A sleeping accommodation in a guest accommodation which would normally be available for occupancy by transient guests as a guest accommodation room, but has been assigned to facilitate short stay accommodations for persons employed, contracted to or otherwise working for the guest accommodation.
All individuals/entities in the business of providing guest accommodation whether registered under the Tourist Board Act or the General Consumption Tax Act are required to:
✔ Maintain proper accounting records
✔ Properly calculate and remit the tax for each taxable period on or before the final business day of the subsequent calendar month.
✔ Make the accounting records available for inspection by the tax authorities when requested.
See Accounting , Using Accounting Software?, Accounting Services, Financial Accounting Services, Financial Accounting and Reporting Environment Framework Advisory Services, Financial Accounting Policies System and Design, Financial Reporting Compliance Services, Financial Analysis, Preparation of Financial Statements and Income Tax Annual Returns, Individuals Who Trade or Have Other Sources Of Income, Small and Medium Sized Enterprises, Large Taxpayers.
AMCS also provides Tax Services see Jamaica Tax Law Advisory Services, Jamaica Tax Planning Strategy and Management, Jamaica Tax Compliance, Jamaica Tax Audit, Jamaica Tax Audit - Tax Returns Prepared by AMCS, Jamaica Tax Audit - Tax Returns Prepared by Discontinued Provider, Jamaica Tax Training.
Businesses, Companies, Individuals / Sole Traders and Partnerships provide information pertaining to :
✔ Daily Occupancy clearly indicating:
⇢ The size of the Accomodation – Total Number of Rooms
⇢ Total number of rooms occupied and at what rate
⇢ Total number of rooms that were not available for use – Out of Order
⇢ Rooms used by Staff and other Personnel during the period– House Use Rooms.
✔ Previous Returns Filed
AMCS:
✔ Prepares Guest Accommodation Room Tax returns in accordance with the Provisional Collection of Tax Act (Guest Accommodation Room Tax) Order
✔ Maintains records to:
✔ support the information reported on the Guest Accommodation Room Tax Return
✔ to comply with the Guest Accommodation Room Tax Order
✔ facilitate Tax Audits and Maintain Tax Compliance during the period.
AMCS can provide technical assistance with Jamaica Tax Audits, if Individuals and Entities are contacted by the tax department for inspection of records Clients Contacted By Jamaica Tax Department - Tax Returns Prepared by AMCS, Clients Contacted By Jamaica Tax Department - Tax Returns Prepared by Discontinued Provider
AMCS also provides Jamaica Tax Planning Strategy and Management and Jamaica Tax Compliance Services.
Contact AMCS to:
✔ Correctly prepare your GCT returns
✔ Avoid interest and penalties associated with late or incorrect filing.
AMCS provides Jamaica Tax Training to:
✔ Accounting Staff
✔ Sole Proprietors
✔ Business Owners
✔ Other Taxpayers
AMCS also provides Jamaica Tax Return Reviews as part of Fraud Prevention and Detection Services.