Patriot PAY is payroll software for Virgin Islands small businesses.
Starts at $10!
Employers can count on
Patriot PAY to deliver accurate payroll tax calculations for the U.S. Virgin Islands.
Patriot PAY stays up-to-date on payroll laws and labor regulations applicable to the U.S. Virgin Islands, including:
- Virgin Islands Labor Laws -- The federal minimum wage rate ($7.25) applies as of 7/21/11. For businesses with less than $150,000 in annual gross receipts, the minimum wage is $4.30.
- V.I. Revenue Information -- Employers can find more information at the Virgin Islands Bureau of Revenue.
- Federal Income Tax -- U.S. Virgin Islands are exempt from paying federal income tax. Instead, they pay Virgin Island Territory Tax, which mirrors the U.S. federal income tax.
Note: Patriot PAY has a special payroll set-up for Virgin Islands Territory Tax.
- New Hire Reporting -- New hires must be reported within 20 days of hire. If you have new employees to report from multiple Islands, you must report at least twice a month, 12 to 16 days apart. For more information, visit the Virgin Islands Bureau of Internal Revenue.
- Virgin Islands Tax Calendar -- V.I. employers can find an annual calendar for taxes here.