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Frequently Asked Questions

Question:
Are there any other contributions that an employer can deduct from my wages?

Answer:

Yes. Regardless of your age, your employer is entitled to deduct contributions that go towards the Housing and Social Development Levy. However, if you are earning less than one thousand and eighty-three dollars and thirty-three cents per month, you will be exempt from such deduction. If you earn one thousand and eighty-three dollars and thirty-three cents and over per month, your employer may deduct three percent [3%] of your wages to be paid towards the levy. If your wages are more than six thousand, five hundred dollars [$6, 500] per month, your employer is entitled to deduct 8% from that portion of your wages that is above $6, 500 up to eight thousand dollars to be paid towards the Levy. Social Security is the collecting agent for the levy. If your wages are more than eight thousand dollars per month, your employer is entitled to deduct levy at the rate of 10 percent from that portion of your wages above eight thousand dollars.

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