Remittance Payment Notice - Dec 11 2018

Published on December 11, 2018 by Administrator

All, employers and self-employed persons are reminded that remittance payments for November 2018 are due no later than 14th December 2018 to avoid the 10% surcharge.

Further, employers are asked to take due care when submitting the monthly Remittance Form [R5A] as any incomplete or incorrect information will attract a penalty fee of $100 per page.

N.B.: For 2018, contribution rates are:

  • Private Sector - 12½%
      • Employees - 5¼%
      • Employers - 7¼%

  • Public Sector - 11½%
      • Employees - 4¼%
      • Employers - 7¼%

  • Self-Employed persons remain at 10%.

Remittance payments can be made at the Drop Box located at the Royal Palm Branch; Monday to Friday: 8:00 a.m - 3:30 p.m.

Please be guided accordingly.

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