The National Insurance Office wishes to remind employers of the NIS rates in effect from January 1, 2021.
In addition, the maximum insurable earnings ceilings are $1,126 for weekly paid workers and $4,880 for monthly paid workers.
NIS contributions are payable by the 15th of the following month for employers, while self-employed persons are required to pay contributions quarterly by the 15th of January, April, July and October.
For further information, please visit the website of the National Insurance Scheme.