1 day£536 +VAT
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Managing Payrolls in the Caribbean

International markets continue to grow in importance for global companies, and with this growth comes an expansion of compliance requirements. The Caribbean is in the USA’s backyard, and whether you are using call centres in the English speaking Islands, are involved in international finance in the various offshore jurisdictions or are involved in the tourism and leisure industry you are likely to have some employees to process in this area.

Whether you are sending expatriates into a country or taking on a small local payroll as part of an acquisition or branch opening, your business will need to ensure it meets all of its obligations. Outsourcing the payroll function may seem the best solution, but the company remains legally liable for any mistakes the outsource partner may make. It is therefore important that the end client is aware of what the major tasks are the outsourcer performs on their behalf, the key deadlines that they need to sign off, and how to interpret key reports and payslip information.

Attendees will be able to accurately follow a simple pay calculation for each jurisdiction, and should be able to identify all of the key items on a payslip produced in each jurisdiction. You will also be able to:

  • Identify all key jurisdiction deadlines
  • Understand the penalty regimes and the consequences of getting it wrong
  • Have a detailed understanding of the scope of service you are purchasing from an outsource partner
  • Identify what information you need to pass to the outsource partner and why you have to provide it

We will provide an overview of payroll requirements in the following jurisdictions:

  • Bahamas
  • Barbados
  • British Virgin islands
  • Cayman Islands
  • Jamaica
  • St Kitts & Nevis
  • Trinidad & Tobago

For each jurisdiction we will cover the following subjects:

  • Tax Office administration
  • Income Withholding Tax
  • Tax free payments
  • Rates of tax
  • Calculation and Remittances to Tax Office
  • Social Security structure
  • Social Security Contribution calculation and reporting
  • Mandatory social documents
  • Employee labour rights relevant to payroll
  • New hires and terminations
  • Fringe benefits
  • Sick, maternity and paternity leave
  • Special rules for foreign assignees
  • A look at some websites and guidance available


Courses Overview

Duration: 1 day Price: £536+VAT
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Ensure you're up to date and compliant

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Who will it benefit?

This course equips you with essential management knowledge to take a decision as to whether or not to outsource or have a local team running payroll in-house in the Caribbean.

What you'll achieve?

Delegates will gain an understanding of local payroll legislation and how to compliantly manage an in-house or outsourced payroll provider in the Caribbean

Course Content

This course can be run in house making it suitable for attendance from an entire management team as well as payroll professionals - HR and Finance/Tax managers, giving all senior stakeholders an excellent grounding in what’s in store for the company with employees in the Caribbean or looking to expand their operations into the Caribbean

Caribbean payroll and tax regulations

  • Tax Office administration
  • Income Withholding Tax
  • Tax free payments
  • Rates of tax
  • Calculation and Remittances to Tax Office
  • Social Security structure
  • Social Security Contribution calculation and reporting
  • Mandatory social documents
  • Employee labour rights relevant to payroll
  • New hires and terminations
  • Fringe benefits
  • Sick, maternity and paternity leave
  • Special rules for foreign assignees
  • A look at some websites and guidance available

"Payroll may not be the most exciting of topic for some but The Learn Centre really bring it to life - the brilliant networking opportunities with fellow professionals is an added bonus. They cover an amazing range of topics too – if you need to upskill, then The Learn Centre is the organisation to help you do it."

Carsten Staehr
CEO at Cintra HR & Payroll Services

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1 day£536+VAT
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