Social Security to proceed with implementation of penalty fee for employers

The Antigua and Barbuda Social Security Board (ABSSB) will proceed with the implementation of a $100 penalty fee, per page, for the submission of incomplete or incorrect information that is submitted to the scheme by employers.
That fee will take effect on July 1.
In May, the Cabinet ordered the Board to scrap the fee deeming the pronouncement unilateral and made without consultation.
David Mathias, director of the ABSSB, said that since then, the board has consulted with representatives from the Antigua & Barbuda Chamber of Commerce and Industry Ltd. and the Antigua & Barbuda Employers Federation to discuss the implementation of the fee.
He said all the entities involved cited the need for employers to comply with the Social Security office by paying attention to the information presented on the remittance form and, to ensure the accuracy of same before submission to the ABSSB.
(More in today’s Daily Observer)