Which amounts may be paid untaxed in Suriname as a jubilee benefit?

• Modified on: Tue, 10 Sep, 2024 at 1:31 PM

Jubilee years:        Tax free amount:

10 years                    25% of the monthly wage

15 years                    50% of the monthly wage

20 years                    75% of the monthly wage

25 years                    100% of the monthly wage

30 years                    150% of the monthly wage

35 years                    200% of the monthly wage

40 years                    300% of the monthly wage

You can use wage code 475 in Celery for these untaxed benefits. If you have to pay a taxable part, you must use wage code 90 for this purpose.