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NIS offers interest waiver programme

April 2nd, 2022

Employers and self-employed people indebted to the National Insurance Fund can now take advantage of a programme which will waive 100% of interest owed up to March 15th, 2022.

Under the provisions of this programme, the interest will be waived if outstanding contributions are liquidated within 24 months.

Payments can be made in a lump sum or in instalments via cash or cheque. However, the department advises that for payments by cheque, interest will be not waived until the cheque has been cleared by the bank.

The programme will remain in place until June 30th, 2022.

For further information, members of the public may contact the Compliance Section at 431-7400, from Ext. 1401 to 1424.

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