Payslip Puerto Rico – Updated requirements for reporting and filing payslips in Puerto Rico

Puerto Rico has a payroll tax. The PR W2 is different from the US W2, so use caution when submitting W2s for PR. More information on income tax rates and requirements:

Contact the Public Relations Department of the Treasury Department at:

Finance Department

PO Box 9024140,

St John, PR 00902-4140

Tel: (787) 721-2020

As of 2009, Puerto Rico’s taxable wage base limit is $7,000.00 for unemployment wages and $9,000.00 for disabled wages. PR HAS a provision for quarterly wages on magnetic media. More information on unemployment and disability rates and requirements:

Contact the Puerto Rico Department of Labor at:

Department of Labor and Human Resources

Prudencio Rivera Martinez Building

ave 505 Munoz Rivera

Hato Rey, PR00918

Tel: 787.754.5353

Fax: 787.756.1149

If you need to find a CPA:

College of Certified Public Accountants of Puerto Rico

Tel: 787.754.1950

Fax: 787.753.0212

There is a minimum wage provision in PR that varies by industry. There is a provision for reporting on new hires in PR. Puerto Rico’s payroll law requires involuntarily terminated employees to be paid their final salary by their next regular payday. In addition, the terminated employee is entitled to compensation based on the number of months and years he has worked at the company. There is a meal penalty for employees who work more than 5 hours without a meal break.

There is an overtime penalty for workers who work more than 8 hours in a 24-hour period. For example, if an employee starts each day at 9:00 am and starts once at 8:00 am, that employee worked 9 hours in that 24-hour period that began at 8:00 am and owes overtime pay. There is a supplement for employees who work on Sundays. As of 2009, this rate is $11.50 per hour.

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Sick pay and holiday pay are compulsory. As a general rule, sick leave and vacation time accrue for employees who work 115 hours or more in a month. Sick time is 1 day per month and vacation time is 1.25 days per month.

The Christmas bonus is mandatory and must be paid by December 15 each year. The collection period starts on October 1st and ends on November 30th. Every employee (even if terminated) who has worked 700 hours or more receives a Christmas bonus. As of 2009, the Christmas bonus for companies with more than 15 employees is 6% of income for the accrual period, up to a maximum of $600. For companies with 15 employees or fewer, it is 3% of earnings for the credit period, up to a maximum of $300.