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Sep 6, 2017

Pay your contributions online!

There’s other news from the S.S.B.  The Social Security Board is slowly changing from its traditional way of receiving and making payments. An online contribution portal is being used for employers to make payments – a system that aims to make the process easy and hassle free for businesses. S.S.B. officer Carlton McKoy explains how it works:


Carlton McKoy, Compliance Officer, SSB

Carlton McKoy

“We are making life easier for all of you. We have the online contribution portal where you can create or import your statement and we direct you to the bank. So, you can be on vacation, you can be anywhere, you can be here right now and after this presentation is completed you can pay your social security contribution, which, by the way,  is due next week. The first thing that you will need to do is to register for the online portal. Every employer can access the online contribution portal, you just have to register for it. You have a business number, we are going to provide you with a password. Here you are looking at paying for a contribution month, right. So you come to this portal, you are either going to create a statement, either upload a file or use a previous month that you paid for as a template. So, the first thing that you will need to do is to select the period that you will pay for. So, we all know that the next month that is due is going to be August and due by 14th September. Here you can decide, if you are a new user and have a small business, a domestic or store, you can decide you are going to create the statement here and that is where you are going to add an employee. There is another feature for those large employers, the BTL, call centers, BEL, their system and they have a payroll – there are some good payroll systems out there; we have COMPAY, SOFPAY, PAYCHECK and few others that creates a file that can be easily uploaded here. So, instead of typing in all the information for h your employees, what you do then you go and upload that particular file and it is going to validate the data and then you will have all the information here. It is important that when you go and make payments at the bank, Atlantic Bank, Scotia Bank, Heritage Bank, Belize Bank is coming on shortly. There is a section that you will need to enter this information and what this does is that this reference number matches your payment with the statement. So, we know exactly what you are going to be paying for. And as simple as it is, that is the new way of paying your social security contributions.”

Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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