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Barbados: Personal Taxation

Social Security

National Insurance contributions for employees total are 6.75% for both employees and employers. There are also additional levies, including a non-contributory levy, employment injury levy, unemployment levy, training levy, and a catastrophe fund levy, bringing total contributions to 10.1% for the employee and 11.25% for the employer.

The self-employed pay National Insurance contributions at a rate of 13.5% (2012), plus a 2% non-contributiry levy and a 0.5% training levy and 0.10% catastrophe fund levy.

 

 

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