Limited Liability Companies Taxes Payable

  • Corporation Taxes which are 30% on profit.
  • And Health Surcharge which is $429 per year for 52 weeks and $437.25 per year for 53 weeks for themselves and employees.  (Only if your employee’s weekly income is more than $109).
  • Likewise, Business Levy which is .6% on income earned for the year.
  • Green Fund Levy .3% on income earned
  • They are paid every quarter on March 30th, June 30th, September 30th and December 31st.