Here is our latest news from Fairfax Yeaman Cyprus
For any further information you need in connection with the above please refer to Nicoletta Demetriou at our Limassol office.
Here is our latest news from Fairfax Yeaman Cyprus
According to Law 170(I) of 2012 (No.4) amending the Social Insurance Law of 2010, the following provisions will be enforced:
As from January 1st 2014:
Social Insurance
The rate for the calculation of the Social Insurance contribution for the employee and the employer is increased to 7,8% from 6,8% on the insurable amount.
*The maximum amount that applies for 2014 is €54.396 (weekly €1.046/ monthly €4.533)
Special Contribution
The following Special Contributions are payable according to monthly income of a salaried employee:
For any further information you need in connection with the above please refer to Nicoletta Demetriou at our Limassol office.