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Gibraltar Increases Maximum/Minimum Social Security Contributions

17 March 2017

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Approved Changes

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Gibraltar

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 rate of 20% for employers and 10% for employees is unchanged.