Announcements
Bermuda Social Insurance New rates Effective August 4, 2025.
Dear Client, Please note that the Bermuda Department of Social Insurance has announced new contribution rates effective August 4, 2025: Employees under 65: $37.65 (employee) + $37.65 (employer) = $75.30/week Employees over 65: Employer only $37.65/week
HRplus Statutory Updates_St Kitts and Nevis_Effective July 1st 2025
Dear Client, Please note that the St. Christopher & Nevis Social Security Board has announced changes to the Housing and Social Development Levy and the minimum wage, effective July 1st, 2025. 🔹 Minimum Wage Increase The minimum wage has increased from
Additional Barbados Resilience and Regeneration Fund Updates 2025.
Dear Client, We would like to inform you of an additional update related to the Barbados National Insurance Scheme (NIS), specifically regarding the Resilience and Regeneration Fund (RRF) effective April 1st 2025 is now available. The changes are as follows:
HRplus Jamaica Statutory Updates Effective April 1st, 2025
HRplus Jamaica Statutory Updates Effective April 1st, 2025 Dear Client, Please note that in accordance with Jamaica's new budget for 2025/2026, there is an increase in the annual personal income Tax-Free Threshold amount from JM $1,700,088 to JM $1,799,376,
Barbados - NIS Rate Changes 2025
Barbados - NIS Rate Changes 2025 Dear Client, Kindly note that in accordance with the Barbados National Insurance and Social Security Services (NIS), there is a change in the components of the NIS contributions for Resilience and Regeneration Fund effective