Online Payments of NI Contributions
One of the corporate goals of the National Insurance Board of Trinidad and
Tobago (NIBTT) is ‘Improving Customer Value and Perception’. Consequently the
NIBTT has embarked on a number of initiatives aimed at creating greater
customer value including the payment of National Insurance contributions by
employers utilizing their banks’ online payment facility. Employers will also
be required to submit all documentation related to these bank transactions
(payment information and employees data) electronically to the NIBTT.
The electronic payment of NI contributions (via the bank) and the subsequent
submission of data (to the NIBTT) therefore provides another avenue through
which employers can do business with the NIBTT. In this regard it results in a
number of advantages to you our customers including:
- Greater convenience and accessibility (from the comfort of your office or home) in making NI contribution payments and submitting contribution data.
- Greater operational efficiencies for your business, with the elimination of visits to and waiting time spent at our Service Centres.
- Cost savings as a result of increased operational efficiencies.
- More timely capturing of contribution data and the payment of benefits to your employees.