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Puerto Rico Chauffeur’s Social Security

Puerto Rico Chauffeur’s Social Security

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Disability Insurance tax is imposed on the first $9,000 of wages and salaries paid during the calendar year. This provides compensation to workers for loss of salaries resulting from disability caused by sickness or accident not related with their employment. Both...
Puerto Rico Disability Benefits

Puerto Rico Disability Benefits

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Disability Insurance tax is imposed on the first $9,000 of wages and salaries paid during the calendar year. This provides compensation to workers for loss of salaries resulting from disability caused by sickness or accident not related with their employment. Both...
Puerto Rico Unemployments

Puerto Rico Unemployments

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Each employer must pay the Puerto Rico Unemployment tax on the first $7,000 of annual wages paid and may be credited against the Federal Unemployment tax. The tax is to be paid quarterly on the last day of the calendar month following each calendar quarter payable to...
Puerto Rico Income Tax Withheld on salaries

Puerto Rico Income Tax Withheld on salaries

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An employer is required to withhold income tax at source on salaries and wages paid to its employees performing services in Puerto Rico. The withholding rates depend on the personal exemption and credits for dependents claimed in the Puerto Rico withholding exemption...
FUTA – Federal Unemployment

FUTA – Federal Unemployment

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The Federal Unemployment Tax Act provisions also apply in Puerto Rico. The tax is imposed on persons who employ one or more individuals for a portion of a day in each of 20 weeks in the current or preceding calendar year, or who pay in the aggregate $1,500 or more in...
FICA – Social Security and Medicare

FICA – Social Security and Medicare

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The United States provisions of the FICA or Social Security and Medicare requirements are applicable to Puerto Rico employers and employees as well. The employee tax must be withheld by the employer from the employee’s wages and is paid through deposits. Generally, an...