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MINISTRY OF COMMUNICATIONS, WORKS, ENERGY & LABOUR
Latest Government of Montserrat News
MONTSERRAT RATED AS ‘STABLE’ BY STANDARD & POORS
Montserrat has been given a stable rating by international credit rating agency, Standard & Poors Global Ratings. In a report dated August 13, 2020 the
GOVERNMENT EXPLORES POTENTIAL TOURIST SITES FOR DEVELOPMENT
Montserrat’s Premier and Minister of Tourism, Honourable Joseph E. Farrell, led a multi-sector team to view potential locations for new tours. The Premier was accompanied
MONTSERRAT CABLE LANDING STATION FINAL INSTALLATIONS & COMMISSIONING IN PROGRESS
Three technicians from Southern Caribbean Fibre (SCF) are on island to conduct the final installation and configuration of equipment, and to commission the Montserrat Cable
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Worker Compliance
Social Security
All working persons (employees or self-employed) 16 years or older, are required by law to get registered and to contribute toward their future benefits. They are required to pay contributions until they attain the Pensionable Age.
Tax Information
All working persons are required to pay income tax, in accordance with the income tax tables. The rates of tax ranges from 5%- 40%, however there is an annual tax threshold of $15,000 per annum. There are 4 main types of taxes: Income Tax, Property Tax, Company tax and Withholding tax.