Contribution Rate Increase Notice

 December 27, 2017 |  Administrator

The Antigua & Barbuda Social Security Board (ABSSB) wishes to remind ALL Employers that in accordance with the Social Security (Collection of Contributions) (Amendment) (Regulations), Statutory Instrument No. 60 of 2016, the contribution rate will increase by ½% as of January 1, 2018.

Therefore, the new contribution rates are broken down as follows:

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

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

The contribution rate for Self-employed persons remains at 10%.