2013 Social Insurances Annual Maximum

The maximum of Social Insurance Amount for 2013 is raised to € 54,396. See Payroll Rates for the complete list.

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Payroll Pro Version 8.8.3 Release

Payroll Pro version 8.8.3 is now available. The update is ONLY available to all our customers with maintenance agreement and it can be obtained via our website downloads section.   New Features – IR7 2011 Support.

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Payroll Pro Version 8.8.1 Release

Payroll Pro version 8.8.1 is now available. The update is ONLY available to all our customers with maintenance agreement and it can be obtained via our website downloads section.   New Features – Special Contribution Calculations as per the IRD regulations issued 09/02/2012. – Special Contribution estimated annual deduction included on IR59. – IR59 Report redesigned to...

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Payroll Rates of 2012

January to December 2012   Employee Deductions Employer Contributions Social Insurance 6.8% 6.8% Social Cohesion Fund 0.0% 2.0% Industrial Training 0.0% 0.5% Redundancy Fund 0.0% 1.2% Union Subscription 1.0% 0.0% Maximum Earnings for Social Insurances 53,304 Cost of living adjustment (COLA) 309.56% (not announced yet) Where 220% was incorporated 27.99% (not announced...

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2012 S.I. annual maximum

The maximum of Social Insurance Amount for 2012, dated 3rd January 2012, is raised to € 53,304 (€1025 for weekly employees and €4442 for monthly employees). See Payroll Rates for the complete list.

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