Remittance Payment Notice for September 2019

 October 09, 2019 |  Administrator

All employers and self-employed persons are reminded that remittance payments for September 2019 are due no later than 14th October 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 %
  • The contribution rate for Self-employed persons is 10% of declared earnings.

Remittance payments can be made via the
  • Cashiers at London House Branch, Long Street
  • Drop Box located at:
      - London House, Long Street
      - Royal Palm Branch