The St. Christopher and Nevis Social Security Board has announced important changes to the Housing and Social Development Levy, effective July 1, 2025, in line with a minimum wage increase from $430 to $500 per week.

The new weekly exemption threshold for the Levy is now $520. This means employees earning up to that amount will only have the 5% Social Security deduction taken from their wages —no Levy will apply.

Levy Exemption Thresholds by Pay Cycle: Weekly: No Levy on wages up to $520, Bi-weekly: Up to $1,040, Semi-monthly: Up to $1,126.67 and Monthly: Up to $2,253.33.

For those earning over $6,500 monthly, the tiered Levy system remains in place: Tier Two: 3.5% on wages up to $6,500, Tier Three: 10% on wages between $6,500.01 and $8,000, Tier Four: 12% on wages above $8,000.

The employer’s Levy contribution remains at 3%, unchanged. For details, visit www.socialsecurity.kn or contact the Social Security Board at 869-465-2535 (St. Kitts) or 869-469-5245 (Nevis).