Remittance Payment Notice - February 12, 2019

 February 12, 2019 |  Administrator

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.