Tools

Quick calculations. Always confirm figures against the legislation.

Severance calculator

Retrenchment and Severance Benefits Act, Chap. 88:13

How is the worker paid?

Use basic pay only. Allowances, overtime and commissions are not included.

  • Years 1 to 4 (4 x 2 weeks)TT$16,000.00
  • Year 5 onwards (4 x 3 weeks)TT$24,000.00
20.00 weeks' payTT$40,000.00

Estimate only, not legal advice. A 2026 bill proposes raising these rates; confirm the current figures before relying on this result.

Minimum wage check

Effective hourly rate = salary / (weekly hours x 52 / 12)

Take-home pay and employer cost

Monthly estimate using NIS 16.2% (ceiling TT$13,600.00 a month), PAYE with the TT$90,000.00 personal allowance, and Health Surcharge.

Employee

Gross salaryTT$8,000.00
NIS employee share (5.4%)-TT$432.00
PAYE (income tax)-TT$125.00
Health Surcharge (TT$8.25/week)-TT$35.75
Estimated take-home payTT$7,407.25

Employer

Gross salaryTT$8,000.00
NIS employer share (10.8%)TT$864.00
Total monthly costTT$8,864.00
To remit by the 15th (NIS + PAYE + HS)TT$1,456.75

Deadline and notice calculators

Probation end date

Probation ends-
Suggested review meeting (2 weeks before)-

Probation length is set by the contract. Confirm or extend in writing before it ends.

Maternity leave timeline

Full pay ends (1 month)-
Leave ends (14 weeks)-
Expected return to work-

Maternity Protection Act, Chap. 45:57: 14 weeks' leave, first month at full pay, balance at half pay. NIS Maternity Benefit is claimed separately.

Retrenchment notice

Latest date to serve notice-

Retrenchment and Severance Benefits Act, Chap. 88:13: at least 45 days' written notice to the worker, the union (if any) and the Minister of Labour.

TD4 due date

TD4s due-

Original and copy for each employee, plus the TD4 Summary to the IRD, by the last day of February.