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