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When submitting December earning schedules and payments, please change the year to 2022.

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Self-employed Contributions Schedule

Self-employed Contributions Schedule

Contributions Schedule CONTENT

Self-employed Contributions Schedule

Quarter 1
January, February, March. Due by: 15th April of the same year.

Quarter 2
April, May, June. Due by: 15th July of the same year.   

Quarter 3
July, August, September. Due by: 15th October of the same year.    

Quarter 4
October, November, December. Due by: 15th January of the next year.       

Rate
17.1%

Insurable Earnings

Contributions and levies are payable on insurable earnings at a minimum of $21 to a maximum of $1,126 per week and on a minimum of $91 to a maximum of $4,880 per month for persons ages 16 to 67. 

Contributions and Levies

%
Total
17.10
National Insurance
13.50
Non-Contributory
2.00
Training Fund
0.50
Catastrophe Fund
0.50
Health Service Contribution
1.00

Please note that a self-employed person over the standard pensionable age of 67 is only required to pay the training fund of 0.5% and the catastrophe fund of 0.1%.

Self-employed Contributions Payable on Insurable Earnings

Example using the minimum insurable earnings of $91 per month at the rate of 17.1%.

For Quarter 1, that person would pay $15.56 X 3 months = $46.68 due by April 15.  

Example using the maximum insurable earnings of $4,880 per month at the rate of 17.1%.

For Quarter 1, that person would pay $834.48 X 3 months = $2,503.44 due by April 15. 

NIS Benefits

Self-employed persons who pay contributions are provided with coverage for the following benefits:

  • Sickness benefit
  • Maternity benefit
  • Invalidity pension or grant
  • Old-age Contributory pension or grant
  • Funeral grant
  • Survivors’ pension or grant 

Please note to pay contributions by the deadline to avoid interest. 

Employees

Employees

Unemployed

Unemployed

Employers

Employers

Self-Employed

Self- employed

Pensioner

Contribution Rates

Contribution

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Employees

  • Sickness Benefit
  • Maternity Grant/Benefit
  • Employment Injury
  • Funeral Grant
  • Survivors' Grant/Pension
  • Invalidity Grant/Benefit
  • Severance

Unemployed

  • Unemployment Benefit
  • Unemployment Guide

Employers

  • Registration
  • Earnings Schedules and Contributions
  • Rates and Contributions
  • NIS Inspector

Self-Employed

  • Sickness Benefit
  • Maternity Grant/Benefit
  • Funeral Grant
  • Survivors' Grant/Pension
  • Invalidity Grant/Benefit

Pensioners

  • Old-Age Contributory Benefit
  • Non-Contributory Old-Age Benefit
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