The Bahamas NIB guide. Deadlines and automation.
Bahamas NIB, explained for employers by the Workzoom payroll team: the filing deadlines and how Workzoom automates the math. Then run the numbers in the NIB calculator.
- 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.
When NIB is due.
Every month, employers file the C10 with the National Insurance Board listing each insured employee, their insurable earnings, and the employer plus employee contributions remitted. Workzoom generates the C10 automatically from payroll with no manual data entry.
The C13 reconciles the full year of NIB contributions per employee. It is generated from the same payroll engine that produced the monthly C10s, so there is no divergence between monthly remittances and year-end totals.
Stop calculating NIB by hand.
Workzoom runs NIB automatically inside every Bahamas payroll, applying current rates, the insurable ceiling (B$810 through June 30, 2026; B$830 from July 1, 2026), and the split between employer and employee on every pay group and every pay frequency. The C10 and C13 come out of the same engine, so filings match the payroll register by construction.
- Current NIB rates and ceiling applied automatically every pay run; B$830 ceiling applies on the first pay run on or after July 1, 2026
- Employer and employee portions itemized per insured person
- C10 monthly remittance generated directly from payroll
- C13 annual reconciliation produced at year-end from the same data
- Multi-island pay groups managed from one database, no CSV transfers
Ready to run the numbers for Bahamas?
Enter a gross pay figure and get employer and employee NIB math instantly, against the current published statutory rates.