Guernsey Publishes Ordinance Increasing Social Security Contribution Limits for 2022
Guernsey has published the Social Insurance (Rates of Contributions and Benefits, etc.) Ordinance 2021, which provides for the implementation of the contributory benefits and contribution rates for 2022. The ordinance provides that the standard Class 1 contribution rates are set at 6.7% for employers and 6.8% for employees, which is up from 6.6% for both employer and employee contributions in …
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