|
SOCIAL INSURANCE
Contribution rates
| |
|
|
| |
Self employed individuals |
12.6% |
| |
|
|
| |
Employee |
6.8% |
| |
|
|
| |
Employer |
6.8% |
| |
|
|
| |
Employer’s contribution to the Redundancy Fund |
1.2% |
| |
|
|
| |
Employer’s contribution to the Industrial Training Fund |
0.5% |
| |
|
|
| |
It is imposed on the whole salary.
Employer’s contribution to the Social Cohesion Fund |
2.0% |
| |
|
|
| |
Employer’s contribution to the Holiday Fund (if it is not exempt) |
8.0% |
| |
|
|
Maximum limit of emoluments
The maximum level of annual income in which social insurance contributions are paid on is as follows.
| |
|
|
|
|
| |
|
Per week |
Per month |
Per year |
| |
|
€ |
€ |
€ |
| |
Weekly employees |
1,002 |
- |
52,104 |
| |
Monthly employees |
- |
4,342 |
52,104 |
| |
|
|
|
|
Minimum limit of emoluments for self-employed The lower limits of income on which self-employed persons pay social insurance contributions are:
| |
|
|
| |
Persons exercising a profession: |
€ |
| |
|
|
| |
- for a period under 10 years |
18,616 |
| |
|
|
| |
- for a period over 10 years |
37,336 |
| |
|
|
| |
Wholesalers, estate agents, insurance agents,
manufacturers and other businessmen |
37,336 |
| |
|
|
| |
Builders and other related businesses |
22, 672 |
| |
|
|
| |
Technicians and other persons working in urban areas |
18,044 |
| |
|
|
| |
Drivers of transportation media, operators of
excavators and similar occupations |
18,044 |
| |
|
|
| |
Farmers, stock breeders, fishermen and other
related activities, traveling salesmen and priests |
12,532 |
| |
|
|
| |
Persons not under any other occupation |
18,616 |
| |
|
|
|
|
