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.