Calculation of “NIS”
The “NIS” continues to be calculated without change on insurable earnings flagged in the payroll codes screens. The modified rates would apply.
(c) Calculation of RRF
• The RRF will be calculated on insurable earnings flagged as per C. >> 3. >> (a) Setup. The modified rates would apply.
• Rates as per Image 3 will be applied in the calculation.
• The calculation of the RRF will be performed as indicated in Image 3 on Insurable
earnings as per C. >> 3. >> (a) Setup.
(d) “NIS” Overrides
There is significant change to how overrides for Barbados will work. This is because the “NIS” and the RRF follow different calculations.
Currently:
The override cycle change is used to override the NIS.
Example: A fixed amount of $5.00 is entered using a P..FN or D.. dedCode… X. The
amount deducted from the employee and shown on the register is $5.00.
Changed To:
The override cycle change will be used to override the “NIS” only.
Example: A fixed amount of $5.00 is entered using a P..FN or D.. dedCode… X. The
amount deducted from the employee will be $5.00 attributed to “NIS”. There will be
no RRF calculated. The amount shown on the register will be $5.00.

RRF Overrides
The RRF part is to be overridden using a named deduction code. The customer is
strongly encouraged to create a deduction code solely for the purpose of RRF overrides
and to set up same in the appropriate configuration. The RRF is to be overridden
separately from the “NIS”.
• The employee RRF and employer RRF cannot be overridden separately as the
employee contribution and the employer contribution is the same, at this time, at
0.25%.
• It is important to note that the named deduction code is not treated as a statutory
deduction code, and it does not behave as one.
(f) Note on Overrides
The overrides for the National Insurance (NIS) work as follows:
• An override entered for “NIS” only.
Result:
The override amount will be deducted as “NIS”.
No RRF will be calculated or deducted.
• An override entered for “NIS” together with an override for RRF.
Result:
The override amount will be deducted for “NIS”
The override amount will be deducted for RRF.
The total amount of “NIS” and RRF will be deducted as NIS.
• An override amount entered for RRF only.
Result:
The calculated amount of “NIS” will be deducted.
The override amount of RRF will be deducted.
The total amount of “NIS” and RRF will be deducted as NIS.