By: Staff Writer
A press release from the Antigua & Barbuda Social Security Board (ABSSB) stated that, “in accordance with the Social Security (Collection of Contributions) (Amendment) (Regulations), Statutory Instrument No. 60 of 2016, the contribution rate will increase by ½% as of January 1, 2019.”
The new contribution rates are broken down as follows:
Private Sector – 13%
- Employees – 5½%
- Employers – 7½ %
Public Sector – 12%
- Employees – 4½ %
- Employers – 7½ %
The contribution rate for Self-employed persons remains at 10%.
