The Bahamas NIB guide. Deadlines and automation.
Bahamas NIB, explained for employers: the filing deadlines and how Workzoom automates the math. Then run the numbers in the NIB calculator.
- Since 2000. 25+ years of payroll.
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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.
Stop calculating NIB by hand.
Workzoom runs NIB automatically inside every Bahamas payroll, applying the NIB rates, the B$830 weekly insurable ceiling effective July 1, 2026, and the split between employer and employee on every pay group and every pay frequency. Workzoom prepares the C10 from payroll data for the employer to review and submit.
- 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
- Contribution records available for reconciliation with payroll
- Multi-island pay groups managed from one database, no CSV transfers
Ready to run the numbers for Bahamas?
Enter gross pay and frequency to estimate employer and employee NIB contributions. Check the calculation assumptions before using the result.