Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697630469697.pdf (Antigua and Barbuda)
A U G U S T 2 0 2 1 , V O L U M E 4 YOUR SOCIAL SECURITY...

Features Social Security Updates... pg.

2 Self-Employed 101... pg.

3 A B S S B 2 0 2 1 A U G U S T 2 0 2 1 , V O L U M E 4 SOCIAL SECURITY UPDATES Its finally here!

The Antigua & Barbuda Social Security Board is pleased to announce that as of this month's remittance cycle, contribution payments can be made via DCash as of 12th August 2021.
Remember, you can also make contribution payments using any of our banking partners like, ECAB Morebanking, ACB online, Community First Credit Union and Electronic Funds Transfer.

For more details give us a call at 736-3039 Did you Know?...

The ABSSB is the first statutory organisation in the OECS to become a DCash merchant.

A B S S B 2 0 2 1 SELF-EMPLOYED 101 Important An application for a Survivor's Benefit must be made within one year of the insured persons death.
On January 1, 1981 self-employed persons were able to make voluntary contributions to SocialSecurity.

However, in 2013 the Government of the day thought it prudent to bring self-employedpayments under the same umbrella as those of employees and employers making these paymentsmandatory.

Self-employed persons should remember that registering with Social Security can assist you duringperiods when you are unable to work due to loss of income.
The rate of contribution for self-employed persons is 10% of declared income up to a maximum of $6,500.

In the present economic environment where persons lost their jobs due to the pandemic, new formsof employment emerged creating an increase in self-employed individuals.

Self-employed persons are independent contractors who render services on their own account.

Inother words, they are individuals who work for themselves.
Categories of self-employment include,but are not limited to: doctors, lawyers, accountants, consultants, contractors, farmers, taxi drivers,vendors, fishermen, barbers, hairdressers, web designers, graphic designers, mechanics andlandscapers.

All benefits offered by Social Security are payable to self-employed persons.
IMPORTANT NOTICES Published by: Antigua & Barbuda Social Security Board P.O Box 1125 Long Street St. John's Antigua Follow us on: Remittance payments for July 2021 are due by 16th June 2021.

Rates are 13% for public sector employees and; 14% for private sector employees; Self-employed rate remains at 10%.