Remittance Payment Notice

All, employers and self-employed persons are reminded that remittance payments for February 2019 are due no later than 14 th March 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 remains at 10%.

Remittance payments can be made via the Drop Box located at the Royal Palm Branch. Monday to Friday: 8:00 a.m. – 3:30 p.m.