Social Insurance
The social security contributions are as follows:
| Employer % | Employee % | Self-employed % | |
|---|---|---|---|
| Social Insurance | 7.8 | 7.8 | 14.6 |
| Redundancy Fund | 1.2 | - | - |
| Industrial Training | 0.5 | - | - |
| Social Cohesion Fund | 2.0 | - | - |
Upper Limits for employees (applicable during 2016)
Weekly employees € 1.046 per week, €54.392 per annum
Monthly employees €4.533 per month, €54.396 per annum
Time of Payment
The employer’s contributions are payable by the end of the calendar month following the month that the contributions relate.