Source-cited draft: payroll & social contributions for Barbados (tax year 2025) — rates, thresholds and rules with primary-source citations. Unverified; pending local-accountant review.
Source-cited draft.Written from sources but not reviewed by a licensed practitioner, so it may be incomplete or wrong. General reference only; don't file or take a position on it without professional review.
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Every figure is drawn from this Tax Guide and cited to its source.
Employer PAYE and NIS withholding overview
Employers withhold income tax under PAYE and deduct National Insurance Scheme (NIS) contributions from employees, remitting both to the BRA/NIS. Contribution rates rose from 1 April 2025.
NIS employee contribution rate
11% of insurable earningsNational Insurance and Social Security Act, Cap. 47 — https://www.nis.gov.bb/contribution-rates/
NIS employer contribution rate
12.75% of insurable earningsNational Insurance and Social Security Act, Cap. 47 — https://www.nis.gov.bb/contribution-rates/
Maximum insurable earnings (monthly)
5,280National Insurance and Social Security Act, Cap. 47 — https://www.nis.gov.bb/nis-insurable-earnings/
Maximum insurable earnings (weekly)
1,219National Insurance and Social Security Act, Cap. 47 — https://www.nis.gov.bb/nis-insurable-earnings/
Resilience and Regeneration Fund (employee)
0.25% of gross earnings (increased from 0.1% effective 1 April 2025)National Insurance and Social Security Act, Cap. 47 — https://taxsummaries.pwc.com/barbados/individual/other-taxes
Resilience and Regeneration Fund (employer / self-employed)
0.25% of gross earningsNational Insurance and Social Security Act, Cap. 47 — https://taxsummaries.pwc.com/barbados/individual/other-taxes
PAYE income tax withholding
Employers withhold income tax from salaries under the PAYE system at the personal income tax rates (12.5% / 28.5% after allowances)Income Tax Act, Cap. 73 — https://taxsummaries.pwc.com/barbados/individual/tax-administration
PAYE remittance deadline
On or before the 15th of the month following the month of deductionIncome Tax Act, Cap. 73 — https://bra.gov.bb/Popular-Topics/Companies/Filing-and-Payment
NIS remittance deadline
Contributions due by the 15th of the month following the contribution month ((confirm exact NIS due date))National Insurance and Social Security Act, Cap. 47 — https://www.nis.gov.bb/contribution-rates/
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Other Barbados computations in the OpenAccountants Tax Library.