Payroll Puerto Rico – Current Puerto Rico Payroll Reporting and Submitting Requirements

Puerto Rico has a payroll withholding tax. The PR W2 is different from the US W2 so be watchful if you are filing W2s for PR. For a lot more information and facts on payroll tax charges and needs:

Call the PR Office of Treasury at:

Departamento de Hacienda
P.O. Box 9024140,
San Juan, P.R. 00902-4140
Tel: (787) 721-2020

As of 2009, Puerto Rico’s taxable wage foundation limit for unemployment wages is $7,000.00 and for incapacity is $9,000.00. PR HAS a provision for quarterly wages on magnetic media. For far more details on unemployment and incapacity rates and needs:

Call the Puerto Rico Department of Labor at:

Departamento del Trabajo y Recursos Humanos
Edificio Prudencio Rivera Martínez
Ave. Muñoz Rivera 505
Hato Rey, PR 00918
Tel: 787.754.5353
Fax: 787.756.1149

If you need to discover a CPA:

Colegio de Contadores Publicos Autorizados de Puerto Rico
Tel: 787.754.1950
Fax: 787.753.0212

There is a provision for bare minimum wage in PR, and it may differ by business. There is a provision for new employ reporting in PR. Puerto Rico payroll regulation requires that involuntarily terminated personnel need to be paid their ultimate shell out by up coming normal payday. In addition, the terminated personnel will be entitled to payment primarily based on variety of months and several years labored with the enterprise. There is a meal penalty for employees that do the job much more than 5 several hours without having having a food crack.

There is an overtime penalty for staff members that perform much more than 8 several hours in a 24 hour interval. Case in point, if an staff starts off every single day at 9 am, and on one situation begins at 8 am, this worker has labored 9 hours in that 24 hour interval that started off at 8 am and need to be paid overtime. There is a top quality shell out for personnel operating on Sundays. As of 2009 that charge is $11.50 for each hour.

Sick and Getaway fork out are necessary. The basic rule is that Ill and Holiday vacation time accrue for staff that labored 115 hrs or additional in a thirty day period. Ill time is accrued at 1 working day for every thirty day period and Holiday time at 1.25 days per month.

Xmas bonus is obligatory and ought to be compensated in advance of December 15th of each calendar year. The accrual period of time commences Oct 1st and ends November 30th. Any staff (even if terminated) that labored 700 hours or extra will acquire a Xmas Bonus. As of 2009 Christmas reward for firms with extra than 15 staff is 6% of earnings for the accrual period of time up to a optimum of $600. For corporations with 15 workforce or considerably less it is 3% of earnings for the accrual interval up to a most of $300.


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