Remittance Notice - July 2020

 July 13, 2020 |  Administrator

All employers and self-employed persons are reminded that remittance payments for June 2020 are due no later than 14th July 2020 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 2020, contribution rates are:

  • Private Sector – 13½ %
    - Employees – 5¾ %
    - Employers – 7¾ %

  • Public Sector – 12½ %
    - Employees – 4¾ %
    - Employers – 7¾ %

  • Self-Employed persons remain at 10%.

Remittance payments can be made via:

  • EFT
  • ACB and ECAB online payment portal.
  • Cashier at Long Street from Monday to Thursday: 8am - 3:30pm & Fridays 8am - 3pm
  • Drop Box at London House & Royal Palm Branch from Monday to Friday: 8:00am - 4:00pm

Please be guided accordingly.