Blog - Legislation and Regulations

Reminder for Sint Maarten: payment SZV Cessantia premium 2019

Published by M. Verhage in Legislation and Regulations

Reminder for Sint Maarten: payment SZV Cessantia premium 2019

Before June 30, 2019 the Cessantia premium 2019 has to be paid to the SZV in St. Maarten.

Change of Aruba minimum wage

Published by M. Verhage in Legislation and Regulations

Change of Aruba minimum wage

The minimum wage in Aruba is increased per May 1, 2019 by 3%. The last change in the minimum wage was per August 1, 2017.  

SVB Curaçao - announcement of BVZ policy change

Published by M. Verhage in Legislation and Regulations

SVB Curaçao - announcement of BVZ policy change

Recently, the SVB Curaçao announced a policy change to obtain an exemption from the BVZ insurance. For employees who started working as of November 2014 after the introduction of BVZ-Reparation legislation and were included in an existing collective sickness insurance plan, it was possible to apply for and obtain BVZ exemption up to and including 2018.

Aruba crisis levy per July 1, 2018

Published by M. Verhage in Legislation and Regulations

Aruba crisis levy per July 1, 2018

In the framework of the management of public finances, the government has announced a temporary crisis levy effective July 1, 2018.
 

New Manual Wage Tax 2018 for Curaçao

Published by M. Verhage in Legislation and Regulations

New Manual Wage Tax 2018 for Curaçao

A new Wage Tax manual for 2018 has recently been published. The previous version was released in 2004 and 14 years old in the meantime.

Below you will find a statement of some noteworthy changes and/or additions in the new manual:

Increase minimum wage Curacao as of January 2018

Published by M. Verhage in Legislation and Regulations

Increase minimum wage Curacao as of January 2018

In contrast to the Wage and Income Tax tables 2018, the minimum wage in Curaçao will be increased as of 1 January 2018. The minimum wage is increased from ANG 9.00 gross per hour to ANG 9.175 gross per hour. That is an increase of 1.94%.
 

In 2018, the Basic Discount will be removed again from the Curaçao Wage Tax Tables

Published by M. Verhage in Legislation and Regulations

In 2018, the Basic Discount will be removed again from the Curaçao Wage Tax Tables

Many years ago, the basic discount has been included in the periodic Wage Tax tables because almost everyone was entitled to it. However, from 2018, this basic discount will no longer be included in the Wage Tax tables.

Change of Aruba minimum wage per August 1th

Published by M. Verhage in Legislation and Regulations

Change of Aruba minimum wage per August 1th

The government of Aruba announced a change of the minimum wage on their official website. Read our blog post to learn more about the changes.

Increase minimum wage Curacao

Published by M. Verhage in Legislation and Regulations

Increase minimum wage Curacao

In contrast to the SVB premiums and Wage and Income Tax Tables that did not change in 2017, the minimum wage in Curacao has been increased by January 1, 2017. The minimum wage will be increased from ANG 8.20 gross per hour to ANG 9.00 gross per hour. That is an increase of 9.7%.

SVb Aruba - SVb wage limit change per July 1 2016

Published by M. Verhage in Legislation and Regulations

SVb Aruba - SVb wage limit change per July 1 2016

As of July 1, 2016 the SVB wage limit of AWG 54,600 per year (AWG 4,550 per month) changes to AWG 70,200 per year (AWG 5,850 per month).