01Live rates · Bahamas NIB calculator

The Bahamas NIB calculator. Live rates, instant math.

The Bahamas NIB calculator computes employee and employer National Insurance contributions from any gross pay. Applies the current 4.65% employee rate, 6.65% employer rate, and the B$830-per-week insurable earnings ceiling (in effect since July 1, 2026, up from B$810). Enter gross pay and pay frequency to see contributions in seconds. Workzoom tracks the current NIB rates and publishes this calculator as a free resource.

B$830 NIB ceiling · Effective July 1 2026 flagB$830 NIB ceiling · Effective July 1 2026

The Bahamas NIB calculator. Live rates, instant math.

Type a gross figure and watch every deduction land instantly, on the current Bahamas statutory rates.

Bahamas Payroll Calculator Live 2026 rates
Inputs

Pay details

Gross pay for one pay period, before deductions.

Other frequencies are converted automatically.

Net pay after employee NIB B$ 0.00
Per pay period
Employee NIB4.65% of insurable pay B$ 0.00
Employer NIB6.65% of insurable pay B$ 0.00
Total NIBPer pay period B$ 0.00

The short answer

The Bahamas NIB calculator computes employee and employer National Insurance contributions from any gross pay. Applies the current 4.65% employee rate, 6.65% employer rate, and the B$830-per-week insurable earnings ceiling (in effect since July 1, 2026, up from B$810). Enter gross pay and pay frequency to see contributions in seconds. Workzoom tracks the current NIB rates and publishes this calculator as a free resource.

Current statutory rates · tracked from the official sources

Bahamas NIB calculator: the statutory rates for 2026.

Rates effective July 1, 2024. Insurable ceiling rose from B$810 per week to B$830 per week effective July 1, 2026. Published by the National Insurance Board.

4.65%
Employee rate
Deducted from gross pay each pay period on earnings up to the insurable ceiling.
6.65%
Employer rate
Contributed by the employer, in addition to the employee deduction, on the same insurable base.
B$830
Weekly ceiling
Maximum insurable earnings per week since July 1, 2026 (was B$810). NIB is not contributed on pay above the ceiling.
25+ years running payroll

The rates above aren't a one-off. They run every cycle.

Workzoom has run payroll since 2000. The current statutory rates in this calculator are the rates Workzoom applies automatically on every pay run.

See Workzoom Payroll
The full breakdown How Bahamas NIB actually works: the math, filing deadlines, and setup steps. A plain-English guide for Bahamas employers, published by Workzoom as a free resource.

What employers actually ask about Bahamas NIB.

The most common questions Bahamas employers ask about NIB, filing, and payroll integration.

The current NIB contribution rate in the Bahamas is 4.65% for the employee and 6.65% for the employer, applied to insurable earnings up to B$810 per week through June 30, 2026, and up to B$830 per week from July 1, 2026 forward. The rates took effect July 1, 2024 and the ceiling rises on July 1, 2026. Workzoom applies these rates automatically on every pay run.
With Workzoom, maximum insurable earnings are B$810 per week (B$42,120 per year) through June 30, 2026, and B$830 per week (B$43,160 per year) from July 1, 2026 forward. NIB contributions are not deducted or remitted on pay above this ceiling. When paid monthly, the ceiling is pro-rated (approximately B$3,510 per month through June 30, 2026; approximately B$3,597 per month from July 1, 2026).
The C10 monthly remittance form is due by the 15th of the month following the pay period. A January C10 is due by February 15th. Late C10s trigger a statutory surcharge and interest on the outstanding balance. Workzoom generates the C10 automatically from payroll data.
The C10 is a monthly remittance form listing NIB contributions for each insured employee for one pay period. The C13 is an annual reconciliation that aggregates twelve months of C10 data per employee for year-end filing. Both come from the same payroll engine in Workzoom.
Workzoom reports every employer's NIB contributions to the National Insurance Board through standard payroll processing. Every employer must contribute NIB for each employee earning above the minimum insurable threshold. Self-employed individuals contribute at a combined rate covering both employer and employee portions.
Yes. Workzoom runs NIB across Nassau, Freeport, Grand Bahama, and the Family Islands from a single database. Island Luck, for example, runs eight payrolls per week across 60+ locations on Workzoom, with NIB calculated per employee and consolidated into one C10 remittance per reporting period.
More for Bahamas

Keep building your Bahamas payroll.

Bahamas overview

Every compliance requirement Workzoom handles for Bahamian businesses, from NIB to multi-island payroll.

Read more

Bahamas Payroll

Full payroll feature set for the Bahamas: NIB, C10, C13, garnishments, lending accounts, multi-island pay groups.

Read more

Bahamas HR

Personnel, onboarding, work permits, and Bahamian employment law compliance in one system.

Read more

Cable Bahamas case study

How the Bahamas's largest employer runs payroll on Workzoom, including NIB and multi-subsidiary reporting.

Read more

Run Bahamas payroll properly.

NIB is one line in a payroll that handles C10s, C13s, multi-island pay groups, and every other Bahamian requirement automatically.

Book a Walkthrough Bahamas overview
  • Since 2000. Workzoom has run payroll since 2000.
  • AWS Canada hosted. Customer data hosted on AWS Canada.
  • SOC 2-aligned controls. Encrypted at rest, role-based access, audit logs.