CHANGE OF LEVY DEDUCTION THRESHOLD
The St Christopher & Nevis Social Security Board wishes to advise the public of
changes to levy effective July 1st, 2025.
Note also that the minimum wage has been increased from $430.00 weekly to
$500.00 weekly. The new threshold for exemption of Housing and Social
Development Levy is now $520.00 per week.
Employers and Employees are advised to note these changes in accordance
with the various pay cycles:
- For weekly paid employees, no Levy will be deductible from wages up
to and including $520.00 - For employees paid every two weeks/bi-weekly no Levy will be
deductible from wages up to and including $1,040.00 - For employees paid twice per month or every half month, no Levy will
be deductible from wages up to and including $1,126.67. - For monthly paid employees, no Levy will be deductible from wages up
to and including $2,253.33.
In respect to earnings of $2,253.34 up to and including $6,500.00 per month,
Levy will be deductible at the continuing rate of 3.5% of total earnings.
For earnings of $6,500.01 up to $8,000 per month, Levy will be deductible at
the continuing rate of 3.5% from earnings up to $6,500.00 and 10% from that
portion of earnings between $6,500.01 and $8,000.00 per month.
For earnings of $8,000.01 upwards per month, Levy will be deductible at the
continuing rate of 3.5% from earnings up to $6,500.00; 10% from that portion
of earnings between $6,500.01 and $8,000.00; and 12% from that portion of
earnings from $8,000.01 upwards per month.
The employer’s contribution on behalf of each employee is not affected by these
changes. The employer’s portion of the Levy remains at 3% and is payable
in respect of all wages paid.
In an effort to offer further support, detailed guidelines will be sent to all
payroll administrators and employers.
This communique supersedes any previous release pertaining to this matter.
The Board solicits the cooperation of all concerned. For enquiries, please
contact the Compliance Department on St Kitts at 869 465 2535 or 869 469
5245 on Nevis.
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Corporate Communications Department, St. Christopher & Nevis Social
Security Board
Phone:869 465 2535 ext. 2710,2711 or 2712 – St. Kitts
869 469 5245 ext. 3402, 3400, 3410 – Nevis
869 667 2535
Email: pubinfo@socialsecurity.kn
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