NCB urges Jamaican firms to rethink tax payments to ease cash flow strain
KINGSTON, Jamaica — National Commercial Bank Jamaica Limited (NCB) is urging businesses to take a more structured approach to tax payments, warning that lump-sum obligations during the tax period can strain cash flow and disrupt operations. At a seminar hosted by the bank, officials said many firms, particularly small and medium-sized enterprises, continue to rely on existing cash reserves to meet tax obligations, limiting their ability to fund day-to-day activities...