All employers and self-employed persons are reminded that remittance payments are due no later than 16th September 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