Gibraltar Increases Maximum/Minimum Social Security Contributions
The government of Gibraltar has announced a 10% increase in the maximum and minimum weekly social security contributions for both employers and employees. From 1 April 2017, the maximum and minimum amounts are as follows:
- Weekly maximum of GIP 36.50 for employers and GIP 27.50 for employees
- Weekly minimum of GIP 16.50 for employers and GIP 5.50 for employees
The social security contribution…
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