What are payroll taxes in Sait Lucia?

Q: What are payroll taxes in Sait Lucia?

Individual income tax rate Up to XCD 833.33 =10% XCD 833.34 – 1,666.66=20% Over XCD 1,666.676=30% Social security contributions – Both employees and employers must contribute 5% of employee earnings to social security, up to XCD 5,000 per month.

02.03.2021 Kate

Individual income tax rate

Up to XCD 833.33 = 10%
XCD 833.34 – 1,666.66 = 20%
Over XCD 1,666.676 = 30%

Social security contributions – Both employees and employers must contribute 5% of employee earnings to social security, up to XCD 5,000 per month.