FYI: For 2013 the minimum wage is J$5,000 for a 40 hour work week. - TopicsExpress



          

FYI: For 2013 the minimum wage is J$5,000 for a 40 hour work week. This equates to J$125.00 per hour. The income tax threshold is now J$507,312.00 per year. This means that if you are earning J$42,276 and below you do not pay income tax. All other taxes (education, NHT, NIS) apply. ****Summary**** Minimum Wage J$125.00 per hour J$5,000.00 per week for 40 hours J$21,666.67 per month (173.3334 hours) J$260,000.00 per year (2080 hours) Income Tax Threshold J$243.90 per hour J$9,756.00 per week J$42,276.00 per month J$507312.00 per year Also note, the 1 hour you get for lunch is NOT included in the 40 hours you are required to give for work.
Posted on: Sat, 06 Jul 2013 14:32:08 +0000

Trending Topics



Recently Viewed Topics




© 2015