FS5 Form with payment to be submitted to IRD by end of month

FS5 Form with payment to be submitted to IRD by end of month

All employers are obliged to declare their employees’ wages, salaries and fringe benefits to the Inland Revenue Department monthly on an FS5 Form or On-line. Employees’ Tax and Social Security Contributions (SSC) deducted from the employees wages and salaries together with the employer’s share of the SSC and Maternity Fund Contribution are to be paid at the Inland Revenue Department by the last working day of the month following that during which the employer has made payments of emoluments. Late submission of the FS5 Form attracts penalties.

  New FS5  Pay FS5 on-line

Leave a Reply

Your email address will not be published. Required fields are marked *

*