All the contributions of the self-employed from next January

All the contributions of the self-employed from next January

Minimum monthly payment rises five euros in 2019 to 283 euros per month, in exchange for several benefit improvements

The Minister of Labor, Magdalena Valerio, finally sealed yesterday, with the most representative associations of self-employed workers (ATA, UPTA, Uatae and CEAT), the agreement that sets how much members of this group will contribute to Social Security next year. This pact was closed a few weeks ago after numerous misunderstandings, but yesterday was staged the signing of the agreement, which has been legally enshrined in the draft Royal Decree-Law on Social Security to be approved next Friday the last Council of Ministers of the year.

The minimum contribution bases of the self-employed will rise by 1.25% in 2019, to 944.40 euros per month. This rise was decided after the associations representing these workers pressured not to move the rise in the minimum wage to the bases of the self-employed as the law says.

Alongside this, the general minimum contribution rate will also rise from 29.80% to an obligatory rate of 30% in 2019. This new rate, in addition to temporary incapacity includes contributions for cessation of activity and training.
Thus, the minimum monthly contribution paid by most self-employed persons in 2018 (278 euros) will increase by five euros from 1 January to 283 euros per month (64 euros more per year). For their part, the minimum monthly fee for self-employed companies will rise by 6.89 euros per month (83 euros per year).

Source: Cincodías

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