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SOCIAL INSURANCE CONTRIBUTIONS

Social insurance and other contributions are calculated at the following rates on employee’s gross weekly/monthly emoluments.

Percentage of Earnings
Fund	Employer	Employee	Self employed
Social Insurance fund	7.8%	7.8%	14.6%
Redundancy fund	1.2%	-	-
Training Development fund	0.5%	-	-
Social Cohesion fund	2%	-	-
Holiday Fund (If is not exempt)	8%	-	-
TOTAL	11.5%	7.8%	14.6%

Limits

The following are the upper limits on employee’s gross emoluments:

	Per week €	Per month €	Per annum €
Weekly employees	1.046	.......	54.392
Monthly employees	.......	4.533	54.396

Deadline for Contribution Payments

For Employers	Paid monthly	Not later than the end of the calendar month following the month that the contributions relate
For Self Employed	Paid quarterly: January - March April - June July - September October - December	10th day following the end of the month following the end of each quarter

More in this category: « IMMOVABLE PROPERTY TRANSFER FEES STAMP DUTY »

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