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TREATMENT OF BONUS PAID IN DECEMBER

by
December 13, 2019
in Featured, Press Releases
TREATMENT OF BONUS PAID IN DECEMBER
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BASSETERRE, ST. KITTS, 12th December 2019 — Employers and Employees
are advised that by order of the Prime Minister of St. Kitts & Nevis,
Dr. The Honourable Timothy Harris, bonuses or extra payment of salary paid in
the month of December 2019 are exempt of any deductions of Social Security,
Social Services Levy or any other deduction. Note that Employers’ contribution
in respect to the extra payment will be exempt also.

Kindly note that the extra payment must be paid in December to qualify for the
exemptions noted above.

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