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social insurance

Quarter 2 Newsletter – 2020

2020-05-07T11:03:10+03:0007/05/2020|Evidentrust News|

Download our Quarter 2 2020 NewsletterThis version of our newsletter covers the following areas: Deadline extensions and other supporting measures introduced by: The Tax Department The Registrar of Companies The ministry of Labour, Welfare and Social Insurances Cyprus Securities and Exchange Upcoming (updated) tax deadlines and how we can assist you List of Important and Existing resources and calculators to assist with your daily business and tax requirements

Increased Social Insurance rate and Payroll calculator

2019-01-08T13:09:50+02:0008/01/2019|Resources, Tax Updates|

  As of 1 January 2019, the employer and employee social insurance contribution rates have both increase by 0.5% - i.e. from 7.8% to 8.3%. Social Insurance and other funds rates Employer Employee Self-employed % % % Social Insurance Fund 8,3 8,3 15,6 Redundancy Fund 1,2 - - Industrial Training Fund 0,5 - - Social Cohesion Fund 2,0 - - Central Holiday Fund (can ask for exception) 8% - - Contributions to the [...]