Con­tri­bu­tion dif­fer­ence in five tranches

Kathimerini English - - Focus - ROULA SALOUROU

The self-em­ployed­pro­fes­sion­als, free­lancers and farm­ers who paid less in so­cial se­cu­rity last year than what their 2016 in­comes dic­tated will be al­lowed to pay the dif­fer­ence in five in­stall­ments.

The ad­di­tional con­tri­bu­tions re­quired af­ter the clearing of the 2017 fi­nan­cial year will be payable from May, when con­tri­bu­tions for April 2018 will also come due, ac­cord­ing to a cir­cu­lar by Deputy Min­is­ter for So­cial Se­cu­rity Tasos Petropou­los.

To­day the same pro­fes­sional cat­e­gories will also find out the in­creased con­tri­bu­tions due by endFe­bru­ary, con­cern­ing the first month of the year. Those 1.4 mil­lion work­ers must pay more than in 2017 as their con­tri­bu­tions will be cal­cu­lated based on 85 per­cent of their in­come and con­tri­bu­tions of 2016. Once the 2017 tax year is fully pro­cessed, their con­tri­bu­tions will there­after be based on last year’s data.

The cir­cu­lar said that pro­fes­sion­als can pay smaller con­tri­bu­tions than what they are re­quired in the first half of the year with­out in­cur­ring in­ter­est for the dif­fer­ence.

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