When are SSB and NHI premiums and insurances applicable?

  • Modified on: Fri, 7 Apr, 2023 at 11:54 AM

Once an individual stays in BVI for more than 3-months (on annual basis), they are subject to SS and NHI. Both premiums are always applied per payslip as long as the employee is under the age of 65. After the age of 65, only NHI must be applied for the employee as long as he/she stays employed and the employer would be subject to a SSB rate of 0.5% of the insurable earnings.

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