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.