HRplus Statutory Updates_St Kitts and Nevis_Effective July 1st 2025

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 $430.00/week to $500.00/week.

🔹 New Levy Exemption Threshold

  • The Levy exemption threshold is now $520.00/week.

🔹 Updated Levy Exemptions Based on Pay Frequency:

  • Weekly-paid employees: No Levy on wages up to $520.00

  • Bi-weekly-paid employees: No Levy on wages up to $1,040.00

  • Semi-monthly-paid employees: No Levy on wages up to $1,126.67

  • Monthly-paid employees: No Levy on wages up to $2,253.33

🔹 Levy Deduction Rates (for monthly earnings):

  • $2,253.34 to $6,500.00 – 3.5% on total earnings

  • $6,500.01 to $8,000.00 –

    • 3.5% on the first $6,500.00

    • 10% on the portion between $6,500.01 and $8,000.00

  • Above $8,000.00 –

    • 3.5% on the first $6,500.00

    • 10% on the portion between $6,500.01 and $8,000.00

    • 12% on the portion above $8,000.01

🔹 Employer Contribution

  • Remains unchanged at 3%, applicable to all wages paid.

   
Please confirm if you need to apply the update to your UAT (User Acceptance Testing) environment.This update will take effect in the cycle corresponding to July 1st 2025.

For additional information or to request the update to be applied, please contact the HRplus Help Desk team at helpdesk@hrplus.net