Guernsey Increases Social Security Contribution Rates and Limits for 2025
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…