Social Insurance contributions for 2023

Social Insurance contributions for 2023

This year the maximum insurable amount applicable for social insurance contribution purposes has been increased to €60.060 per annum.

The Social Insurance Contributions for 2023 are summarized above.

Note 1: Social cohesion fund is calculated on total emoluments and has no maximum level.

Note 2: As from 1 January 2023, the maximum amount applicable for Social Insurance contribution purposes has increased to €60.060 p.a. from €58.080, €5.005 per month for monthly paid employees from €4.840 and €1.155 per week for weekly paid employees from €1.117.

Remaining at your disposal should you have any questions.

ACUTE ADVISORY SERVICES TEAM