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Waiver of Interest – National Insurance Contribution Arrears

  • April 1, 2022
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The Government of Barbados has implemented a programme to assist employers and self-employed persons in liquidating their indebtedness to the National Insurance Fund.

Under the provisions of this programme, 100% of interest owed as at 15th March 2022 will be waived if outstanding contributions are liquidated within 24 months.

Payments can be made in a lump sum or in instalments via cash or cheque. Please note for payments by cheque, interest will be not waived until the cheque has been cleared by the bank.

This programme will remain in place from 1st April 2022 to 30th June 2022. 

For further information, please contact the Compliance Section at 431-7400 Ext. 1401 to 1424.

The National Insurance Office thanks you for your cooperation.

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