Jamaica - Apply for National Housing Trust (NHT) Contribution Refund

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Procedure

Apply Online - Apply for National Housing Trust (NHT) Contribution Refund Online with Images
Online Application Process

1. Go to the NHT website National Housing Trust and click on “Contributions Refunds” on the right of the screen
   
2. Complete the application form and send
   
3. Print a copy of the acknowledgement which will be generated for your records
   
4. NHT will advise on the outcome of your application in about 10 days via a text message
   
5. If you were successful, collect the refund either through your bank or Jamaica National/Victoria Mutual Remittance Services (fees of $300 and $160 are charged, respectively, by both entities)
   
   

Applying In-Person

1. Visit the NHT office where you will be guided through the application process
   
2. You will be asked to supply the following to the NHT offices for your application to be processed (carry the original documents for verification)
   

   i. Tax Registration Number (TRN)
   

   ii. NHT reference number
   

   iii. Valid ID (Driver’s Licence, Passport, National ID Voter’s ID, Work ID)
   

   iv. Mother’s maiden name
   

   v. Name of employer
   

   vi. Method of payment, that is, name of bank and account number or remittance agency
   

   vii. Physical and postal address
   

3. After your details have been captured by the NHT officer, you will be issued with an acknowledgement of application letter.
   
4. NHT will advise on the outcome of your application in about 10 days via a text message.
   
5. If you were successful, collect the refund either through your bank or Jamaica National/Victoria Mutual Remittance Services (fees of $300 and $160 are charged, respectively, by both entities)
   
   

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Required Documents

• A valid ID (Driver’s License, Passport, Voter’s ID, Work ID)
  
• TRN (Tax Registration Number)
  
• NHT reference number
  
  

Office Locations & Contacts

Contributions Refund On-Line Application Service : Contributions Refund On-Line Application Service

National Housing Trust
Corporate Office
4 Park Boulevard
Kingston 5
Tel: (876) 929-6500-9, 960-4013-23 or 929-6627-34
Email: [email protected]
Website:National Housing Trust

Eligibility

• Jamaica citizens who made contributions to National Housing Trust in 2008.
  
• A NHT mortgagor who receive his or her mortgage through the Joint Finance Mortgage Programme (JFMP) or the Combined Mortgage Programme (CMP).
  
  

Fees

The application is free of charge

Validity

The application is valid for the period in which it is applied in.

Documents to Use

Please attach documents that can be used by people. e.g. links

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

The processing time is ten (10) days.

Related Videos

Videos explaining the procedure or to fill the applications. 
Attach videos using the following tag <&video type="website">video ID|width|height<&/video&> from external websites.
Please remove the "&" inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, 
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url "http://www.youtube.com/watch?v=Y0US7oR_t3M" Video ID is "Y0US7oR_t3M". 
	

Instructions

• Click on “Contributions Refunds” on the NHT website at National Housing Trust at the right side of the screen
  
• Complete the application form, attach required documents and send
  
• The following information will be required.
  

i. Tax Registration Number (TRN)

ii. NHT reference number

iii. Valid ID (Driver’s Licence, Passport, National ID Voter’s ID, Work ID)

iv. Mother’s maiden name

v. Name of employer

vi. Method of payment, that is, name of bank and account number or remittance agency

• Print a copy of the acknowledgement which will be generated for your records
  
• NHT will advise on the outcome of your application in about 10 days via a text message
  
• If you were successful, collect the refund either through your bank or Jamaica National/Victoria Mutual Remittance Services (fees of $300 and $160 are charged, respectively, by both entities)
  
  

Required Information

1. Tax Registration Number (TRN)
   
2. NHT reference number
   
3. Valid ID (Driver’s Licence, Passport, National ID Voter’s ID, Work ID)
   
4. Mother’s maiden name
   
5. Name of employer
   
6. Method of payment, that is, name of bank and account number or remittance agency
   
   

Need for the Document

• NHT contributors are due a refund of their contributions in the eighth year after those payments were made.
  
• A contributor who has already received contributions refund from the NHT remains eligible for a loan benefit, once contributions payments are current.
  
  

Information which might help

• Voluntary contributors like all other NHT contributors are due a refund of their contributions in the eighth year after those payments were made.
  
• A contributor who has already received contributions refund from the NHT remains eligible for a loan benefit, once contributions payments are current.
  
• Refunds can be acquired via the following options.
  

i. Through an account held in your name, in any Jamaican commercial bank

ii. Through the NCB Prepaid Keycard

iii. JMMB Money Transfer

iv. JN Money Transfer Services (JNMTS)

v. Victoria Mutual Money Transfer Services (VMMTS)

• Please note that contributors opting to receive refunds via JMMB Money Transfer, JN Money Transfer and Victoria Mutual Money Transfer Services will be required to pay a transaction fee to the agency when collecting their funds if payment is in excess of $500.00, as follows:
  

i. JMMB Money Transfer – J$ 165.00

ii. JN Money Transfer Services – J$ 300.00

iii. VM Money Transfer Services – J$160.00

Other uses of the Document/Certificate

Benefits

• There are several benefits that Employers can reap by being compliant with the NHT. Compliant Employers will be able to obtain a Clearance Letter from the NHT, which is a prerequisite for a company to be issued a Tax Compliance Certificate (TCC).
  
• Another benefit is that the Employer’s contribution to the NHT qualifies for tax exemption, as it should be treated as expenses incurred in acquiring income. Also, all Employers who paid NHT contributions between 1976 and 1979 are entitled to an annual bonus on these contributions.
  
  

Penalties

• Presently, there is a penalty charge of 20% per annum for late submissions of payments. Additionally, where payments are deemed delinquent (usually outstanding for more than a year), a surcharge of 10% on the penalty plus any arrears is also applied.
  
• Where Employers are found to be withholding information required by the NHT in relation to contributions or Annual Returns, they may be fined an amount of $30,000 or three times the amount of the unpaid contributions, whichever is greater.
  
  

External Links

National Housing Trust : National Housing Trust
NHT offices : NHT offices

Others

• The National Housing Trust (NHT) was established in 1976 through an amendment to the National Insurance Act of 1976. We are entrusted with the mission of increasing and enhancing the stock of available housing in Jamaica as well as providing financial assistance to the most needy of our Contributors who wish to build, to buy or to repair their homes.
  
• The NHT also has a mandate to generate funding for the housing construction sector and to promote improved building systems and greater efficiency within the industry. The NHT is a statutory body, primarily funded by deductions from Employers and the Self-Employed as well as from Employees and Voluntary Contributors.