Social Insurance Contributions
Analysis of contributions
| Categories
| Social Insurance Fund % |
Social Cohesion Fund % |
Redundancy Fund % |
Industrial Fund % |
Holiday Fund % |
Total Contr. % |
| Employer |
6,3 |
2 |
1,2 |
0,5 |
8 |
18 |
| Employee |
6,3 |
- |
- |
- |
- |
6,3 |
| Self Employed |
11,6 |
- |
- |
- |
- |
11,6 |
Employees
The maximum salary amount on which social insurance contributions are estimated is:
- for weekly employees C£24.912
- for monthly employees C£24.912
Self Employed
The minimum income on which insurance contributions are estimated is:
| C£ |
| Persons exercising a profession for less than 10 years |
7.904 |
| Persons exercising a profession for more than 10 years |
15.808 |
| Wholesalers, estate agents, insurance agents, industrialist and other businessmen |
15.808 |
| Technicians working in urban areas |
7.904 |
| Builders (Higher limit of income C£24.908 per annum) |
9.932 |
| Farmers, stock breeders and fishermen |
5.772 |
| Transport drivers, excavator drivers |
7.904 |
| Clergy |
5.772 |
| Hawkers |
5.772 |
| Other persons working in urban areas |
7.904 |
| Other persons working in farming areas |
5.772 |
