All, employers and self-employed persons are reminded that remittance payments for January 2019 are due no later than 14th February, 2019 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 2019, contribution rates are:
Private Sector – 13%
- Employees – 5½ %
- Employers – 7½ %
Public Sector - 12%
- Employees – 4½ %
- Employers – 7½ %
Self-Employed persons remain at 10%.
Remittance payments can be made via the Drop Box located at
the Royal Palm Branch; Monday to Friday: 8:00 a.m. - 3:30p.m.
