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Money portal; Taxation in the ... Social security tax is payable to the National Insurance Board at 3.9% by employees and 5.9% by employers, or 9.8% for self-employed ...
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The office is also in charge of administering the county payroll and employee health benefits, and preparing Nassau County's Comprehensive Annual Financial Report. In general, Maragos and his staff "work with the administration and legislature to help Nassau County overcome its fiscal challenges". [3]
Compensation can be fixed and/or variable, and is often both. Variable pay is based on the performance of the employee. Commissions, incentives, and bonuses are forms of variable pay. [2] Benefits can also be divided into company-paid and employee-paid. Some, such as holiday pay, vacation pay, etc., are usually paid for by the firm. Others are ...
The Bahamas has no income tax, corporate tax, capital gains tax, or wealth tax. Payroll taxes fund social insurance benefits and amount to 3.9% paid by the employee and 5.9% paid by the employer. [15] In 2010, overall tax revenue was 17.2% of GDP. [16] A value-added tax (VAT) of 7.5% has been levied 1 January 2015. It then increased from 7.5% ...
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BTC, or the Bahamas Telecommunications Company, is the primary telecommunications provider for the Bahamas, headquartered in Nassau, New Providence. It is partly government owned and offers telephone , internet and wireless services.
Lynden Pindling International Airport (IATA: NAS, ICAO: MYNN), formerly known as Nassau International Airport, is the largest airport in the Bahamas and the largest international gateway into the country. It is a hub for Bahamasair, Western Air, and Pineapple Air. The airport is located in western New Providence island near the capital city of ...