Accounting, Payroll, Tax & Legal since 1989

Social security tax – additional voluntary transfer to pension funds

Therefore, the companies will have to deduct from the salary the following social security contributions:
• 9% (standard tax rate applied to employees who did not choose to transfer additional contributions to pension funds) or
• 11% (tax rate applied to employees who have chosen to do it) of social security tax from employees salaries.

13.01.16


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