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Capital allowances is the practice of allowing tax payers to get tax relief on capital expenditure by allowing it to be deducted against their annual taxable income. . Generally, expenditure qualifying for capital allowances will be incurred on specified capital assets, with the deduction available normally spread over ma
The following is a list of the most populous settlements in Jamaica. Definitions Kingston, capital of Jamaica Montego Bay The following definitions have been used: City: Official city status on a settlement is only conferred by Act of Parliament. Only three areas have the designation; Kingston when first incorporated in 1802 reflecting its early importance over the then capital Spanish Town ...
The economy of Jamaica is heavily reliant on services, accounting for 71% of the country's GDP. [16] Jamaica has natural resources and a climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar , and bananas .
Jamaica is an upper-middle-income country [15] with an economy heavily dependent on tourism; it has an average of 4.3 million tourists a year. [20] Jamaica is a parliamentary constitutional monarchy, with power vested in the bicameral Parliament of Jamaica, consisting of an appointed Senate and a directly elected House of Representatives. [9]
Kingston is the capital and largest city of Jamaica, located on the southeastern coast of the island.It faces a natural harbour protected by the Palisadoes, a long sand spit which connects the town of Port Royal and the Norman Manley International Airport to the rest of the island.
The parishes of Jamaica are the main units of local government in Jamaica. They were created following the English settlement of Jamaica in 1655. This administrative structure for the Colony of Jamaica developed slowly. However, since 1 May 1867, Jamaica has been divided into the current fourteen parishes. These were retained after independence ...
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The parish is located at latitude 18°15'N, and longitude 77°56'W; to the west of Manchester, to the east of Westmoreland, and to the south of St. James and Trelawny.It covers an area of 1,212.4 km 2, making it Jamaica's second-largest parish, smaller only than Saint Ann's 1,212.6 km 2.