Software update: 2020 wage tax tables, social premiums and minimum wages

Written by Sue
Posted on 3 Jan 2020 - 3 minutes read

For almost all countries in Celery, the official wage tax tables and social premiums for 2020 are known. Software updates are implemented automatically and for free. Below are some noteworthy changes.

Aruba

The tax-free sum is increased with Afl. 1,110 to Afl. 28,861 per year. In addition, the following Income-/wage tax table applies in 2020, see picture. The social premiums have remained unchanged in 2020 for the time being.

Bonaire, Sint-Eustatius and Saba

The tax-free sum has increased by USD 233 to USD 12,475 per year. The social contributions remained unchanged in 2020.

Curaçao

The SVB wage limit has increased to ANG 69,373.20 per year (was ANG 67,548). This amounts to an SVB wage limit of ANG 5,781.10 per month. The other social contributions remain unchanged.

Sint Martin

With regard to SZV premiums, Wage tax and fiscal allowances, these have not yet been announced, but they will not deviate much from 2019.

Suriname

In 2020, the Wage Tax brackets and AOV premium will remain the same as in 2019.

Minimum wages per country

In this table you’ll see an overview of the minimum wages for the year 2020.

 

Aruba
Minimum wage per week (in Afl.) 423.40
Age working hours per week minimum gross per hour (Afl.) 1 may 2019 minimum gross per hour (Afl.) 1 jan. 2020
18 years or older 40 10,28 10,59
42 9,79 10,08
44 9,34 9,62
45 9,13 9,41

 

Bonaire
Age procent minimum gross per hour (USD) 1 jan 2019 minimum gross per hour (USD) 1 jan. 2020
21 years or older 100% 5,16 5,48
20 year 90% 4,65 4,94
19 year 85% 4,39 4,66
18 year 75% 3,87 4,11
17/16 year 65% 3,36 3,56

 

Sint Eustatius
Age procent minimum gross per hour (USD) 1 jan 2019 minimum gross per hour  (USD) 1 jan. 2020
21 year or older 100% 6,46 6,63
20 year 90% 5,81 5,97
19 year 85% 5,49 5,64
18 year 75% 4,84 4,97
17/16 year 65% 4,20 4,31

 

Saba
Age procent minimum gross per hour (USD) 1 jan 2019 minimum gross per hour (USD) 1 jan. 2020
21 years or older 100% 6,21 6,54
20 year 90% 5,59 5,88
19 year 85% 5,28 5,56
18 year 75% 4,66 4,90
17/16 year 65% 4,04 4,25

 

Curacao
Age procent minimum gross per hour (Naf) 1 jan 2019 minimum gross per hour (Naf)1 jan. 2020
21year or older 100% 9,37 9,62
20 year 90% 8,43 8,66
19 year 85% 7,96 8,18
18 year 75% 7,03 7,22
17/16 year 65% 6,09 6,25

 

Sint maarten
Age procent minimum gross per hour (Naf) 1 jan 2019 minimum gross per hour (Naf) 1 jan. 2020
21 year or older 100% 8,83 8,83
20 year 90% 7,95 7,95
19 year 85% 7,51 7,51
18 year 75% 6,62 6,62
17/16 year 65% 5,74 5,74

 

Suriname
Sectors and professional groups procent minimum gross per hour (SRD) 1 jan. 2019 minimum gross per hour (SRD) 1 jan. 2020
All sectors and professional groups 100% 8,40 8,40
Special deviating sectors:
Retail companies with less than 4 employees 120% 10,08 10,08
Catering industry with more than 12 employees 140% 11,76 11,76
Surveillance companies 140% 11,76 11,76

 

Thousands of companies use Celery. Are you switching too?

Pricing for Celery starts at $17.50 per month.

Get started