Bahamas Social Insurance Calculator 2026
National Insurance: Employee 3.9% + Employer 5.9%, capped at BSD 670/week (BSD 34,840/year).
Bahamas Tax System
The National Insurance Board (NIB) administers the Bahamas social security programme. Employees contribute 3.9% of insurable earnings (capped at BSD 670/week), while employers contribute 5.9%. Self-employed persons contribute 9.8% of declared earnings. The cap means that earnings above BSD 34,840 per year are not subject to NI contributions. Contributions fund old-age pensions, sickness benefits, maternity leave, invalidity benefits, and funeral grants.
2026 Rates: Employee 3.9% + Employer 5.9% (total 9.8%), capped at BSD 670/week max insurable earnings.
Bahamas Social Insurance Calculator 2026 — NI 3.9% Employee + 5.9% Employer Capped
Calculate Bahamas National Insurance contributions 2026. Employee 3.9% + Employer 5.9% capped at BSD 670/week insurable earnings. Free online NI calculator.
Bahamas National Insurance: Employee 3.9% + Employer 5.9%. Capped at BSD 670/week insurable earnings (~BSD 34,840/year).