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Gibraltar Amends Social Security Contribution Rates and Minimum and Maximum Weekly Social Security Contribution Amounts

11 August 2022

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Approved Changes

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Gibraltar

The government of Gibraltar has published the Social Security (Insurance) Act (Amendment of Contributions) Order 2022, which amends the social security (insurance) contributions rates and the minimum and maximum weekly social security contribution amounts for both employers and employees, as well as self-employed persons. This includes the following with effect from 4 August 2022: For employees, the contribution rate remains 10% of gross earnings, subject to a maximum contribution of GIP 1,908.40 per annum, with a minimum contribution of GIP 12.50 per week and a maximum of GIP 36.70 per week; For employers, the contribution rate is reduced to 19%...