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Guernsey Increases Social Security Contribution Rates and Limits for 2025

|Approved Changes|Guernsey
Guernsey

Guernsey has published the Social Insurance (Rates of Contributions and Benefits etc.) Ordinance 2024, which increases the contribution rates and limits for 2025. The rates are as follows:

  • Class 1 Employer - 7.0% (up from 6.9%)
  • Class 1 Employee - 7.4% (up from 7.2%)
  • Class 2 Self-Employed - 12.2% (up from 11.9%)
  • Class 3 Non-Employed (under pension age) - 11.6% (up from 11.3%)
  • Class 3 Non-Emplo…

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