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Russia: Permanent reduction of employers contributions for SMEs mmarquez

news.bloombergtax.com (05.05.2020) The Russian Federal Tax Service April 20 announced reduced insurance contribution rates for small and medium-sized enterprises (SMEs), effective April 1. The announcement includes information on: 1) a reduction in the social insurance rate to 15 percent for salaries exceeding the current monthly minimum wage of 12,130 rubles (US$160), applicable to accrued payments exceeding the minimum wage threshold; 2) a 10 percent compulsory pension insurance rate; 3) a 5 percent compulsory health insurance rate; and 4) a 0 percent compulsory social insurance rate for temporary disability or related to maternity.

contribution collection, covid19 Contribution collection and compliance Russian Federation
Ukraine: Compensations of up to 18 dollars to pensioners aged 80 or older mmarquez

112.international (08.04.2020) In Ukraine, pensioners who have reached 80 years of age will be paid compensation for pensions in April. This was reported by the press service of Ukraine’s Pension Fund. Payment in the amount of up to 18 dollars commenced on April 7. "From April 1, 2020, pensioners who are 80 years of age or older are entitled to a monthly compensation payment of up to 500 hryvnias (18 dollars). Pension supplements will be paid to pensioners whose pension does not exceed 9205 hryvnias (339 dollars). At the same time, after such payment is made, the pension may not exceed the specified amount," the message said.

covid19 Pensions, Cash transfers ukraine
Perú: Suspensión de aportes de trabajadores a las AFP para el mes de abril mmarquez

gestion.pe (26.03.2020) El presidente Martín Vizcarra anunció que se suspenderá el aporte a las Administradoras de Fondos de Pensiones (AFP) durante el mes de abril, ante la ampliación del estado de emergencia en el Perú para frenar los contagios de coronavirus.

contribution collection, covid19 Pensions, Contribution collection and compliance peru
Brazil: Payment of employers' contribution are further deferred mmarquez

ssa.gov (April 2020) The government deferred the due date for employers' social security contributions: those originally due in March are now due in July, while those due in April are now due in September. (Employers contribute 20 percent of monthly covered payroll to finance OASDI programs, cash sickness and maternity benefits, and family allowances.)

covid19 Contribution collection and compliance brazil
Bolivia: APS suspende el pago de aportes para la seguridad social | La Prensa mmarquez

laprensa.com.bo (02.04.2020) La Autoridad de Fiscalización y Control de Pensiones y Seguros (APS) instruyó la suspensión de las contribuciones para las jubilaciones, tomando en cuenta las restricciones de desplazamiento por el estado de emergencia sanitaria en el país.

covid19, self-employed Old-age pensions, Contribution collection and compliance bolivia
Andorra: Law 5/2020, all infected insured persons have the right to receive financial benefits for temporary disability cambrosio

bopa.ad (18.04.2020)

It is established that all insured persons who have been diagnosed with SARS-CoV-2, as well as those who have been affected by an isolation measure to prevent the spread of the virus and who are unable to work, have the right to receive financial benefits for temporary disability under the conditions determined by the Social Security Act in the event of an accident at work or occupational disease. It is not a question of granting SARS-CoV-2 the character of an occupational disease, which is not the case, but only of exceptionally applying this scheme for the purposes, exclusively, of the economic benefits for temporary disability, and with a limited character in the time. The Law also establishes that salaried people and people who carry out a self-employed activity who have maintained their activity during the period of the health crisis have the right to receive economic benefits for 100% temporary disability, as long as they have not contracted a private insurance that covers them. However, this provision is restricted to people working in the health and socio-health fields.

covid19, self-employed Disability Andorra
Andorra: Law 5/2020, on paid leave in case of absence to take care of dependent children cambrosio

bopa.ad (18.04.2020)

The paid leave in case of absence to take care of dependent children while the educational and extracurricular leisure centers are compulsorily closed is also regulated, with the same requirements as provided for in Law 3/2020. However, given that from the entry into force of the new Law and as activities are opened and schools are not opened, there will be an increasing number of people who will be able to take part in them, s 'establishes that the compensation paid by the Government may not exceed the minimum interprofessional wage.

covid19 Children Andorra
Andorra: Law 5/2020 on continuity of employment contracts despite suspension of companies' activity cambrosio

bopa.ad (18.04.2020)

The first chapter affects the measures in labor matters and includes in the first place almost all the provisions introduced in this area by Law 3/2020. Thus, the principle of continuity of employment contracts is maintained despite the suspension of the activity of companies due to the health emergency situation; the non-application of the procedure for the suspension of employment contracts due to fortuitous event or force majeure in the event of the temporary suspension of the company's activity, and the fact that they are considered without effect if they have been requested; the non-application of the advance notice period to modify working hours until the Government puts an end to the health emergency situation and during the following fourteen calendar days, and the company's right to change the employee's duties,

covid19 Unemployment Andorra
IOSH coronavirus webinars btreichel

IOSH have launched a series of webinars for occupational safety and health professionals on the Covid-19 situation.

covid19, prevention Occupational accidents and diseases, Prevention of occupational risks
Malta: COVID-19 Fiscal Assistance - Postponement of Payment of Certain Taxes siha

Government of Malta (30.04.2020) Social security contributions payments which fall due in March up to and including June 2020 are deferred. Settlement period is to be announced.

contribution collection, covid19 Employment, Contribution collection and compliance malta
Lebanon: Deferring payments of social security contributions in response to COVID-19 - KPMG Global siha

KPMG Global (11.05.2020) Deferring payments of social security contributions relating to the first six months of 2020 for an additional six months from the original due dates.

contribution collection, covid19 Contribution collection and compliance lebanon
Spain: Terms and time limits for processing procedures of public sector entities are suspended temporarily rruggia

Terms and time limits for processing procedures of public sector entities are suspended, unless they involve the exceptions set out in Royal Decree 463/2020 of 14 March, which declared the state of alarm. The computation of time limits shall be resumed when validity of the aforementioned royal decree or, if applicable, the extensions thereof, ends.

covid19 Governance and administration spain
Ministerio de Trabajo, Migraciones y Seguridad Social - Gabinete de comunicación - Ministra - rruggia

El Consejo de Ministros aprueba el Real Decreto-Ley de medidas sociales en defensa del empleo

El texto, que plasma el Acuerdo Social en Defensa del Empleo, firmado ayer en La Moncloa, prorroga los ERTE por fuerza mayor hasta el 30 de junio y establece condiciones para que las empresas reanuden su actividad, estableciendo en 6 meses el compromiso de mantenimiento del empleo

Se impedirá acogerse al ERTE a las empresas domiciliadas en paraísos fiscales y no será posible el reparto de dividendos durante el ejercicio fiscal que corresponde al expediente

La exoneración de cuotas de la Seguridad Social se mantiene para las empresas sujetas a ERTE y se articulan tramos que incentivan el retorno a la actividad siguiendo las medidas sanitarias

Se acuerda crear una Comisión Tripartita para el seguimiento de medidas y para la consulta de posibles prórrogas de los expedientes de regulación temporal de empleo

covid19 Employment, Contribution collection and compliance spain
Kazakhstan: Statement by the Head of State Kassym-Zhomart Tokaev cambrosio

primeminister.kz (31.03.2020)

On March 31, the president announced to index the amount of pensions, state benefits and targeted social assistance by 10% due to rising inflation.

covid19 Social assistance kazakhstan
España: Aplazamiento de cotizaciones a la seguridad social mmarquez

lavanguardia.com (29.03.2020) Por lo que respecta a las cuotas a la Seguridad Social, para pequeñas y medianas empresas (PYMES) nuevas medidas anuncian que se podrá aplazar el pago de la cotización de abril, con un 0’5% de intereses, y se concederá una moratoria de seis meses para el pago de las cuotas de mayo, junio y julio.

contribution collection, covid19 Contribution collection and compliance spain
EPI-WIN updates btreichel

The WHO information network for epidemics (EPI-WIN) publishes Corona Virus Updates in regular intervals, each time looking at a different risk or risk group. 

covid19 Occupational accidents and diseases, Prevention of occupational risks
España: Se disminuyen las reducciones de cotizaciones patronales a partir de mayo mmarquez

elcorreo.com (13.05.2020) El Real Decreto-Ley disminuye las reducciones de cuotas de las que se beneficiaron durante marzo y abril muchas empresas acogidas a este tipo de expediente de regulación. A esas firmas se les exoneraba de abonar las cotizaciones sociales de sus trabajadores si tenían menos de 50 empleados, y se les reducía en un 75% a las que tuvieran plantillas superiores a esa cifra. Ahora el escenario es el siguiente: la reducción de las cotizaciones baja al 60% en mayo y al 45% en junio para las empresas pequeñas. Y al 45% y el 30% respectivamente para las de 50 o más empleados. Las exoneraciones son más generosas para las empresas que reincorporen a parte de su plantilla. La quita en las cotizaciones de los trabajadores que vuelvan a sus puestos es del 85% en mayo y el 70% en junio (para las firmas con menos de 50 empleados) y del 60% y el 45% respectivamente en el caso de las empresas con 50 o más trabajadores.

contribution collection, covid19 Contribution collection and compliance spain
España: El gobierno cubrirá las cotizaciones a la seguridad de los empleadores mmarquez

ssa.gov (marzo 2020) Los empleadores que reduzcan temporalmente el horario de trabajo de los empleados o suspendan los contratos de trabajo están exentos del pago de la totalidad o parte de sus contribuciones a la seguridad social. El gobierno cubrirá el 100% de estas contribuciones para los empleadores con menos de 50 empleados, y el 75% para aquellos con 50 o más empleados.

covid19 Contribution collection and compliance spain
Israel: Adjustment grant to the 67-year-old and older - Unemployment benefits following the Corona crisis siha

National Insurance Institute (13.05.2020) Adjustment grant to the 67-year-old and older: Those who have reached the age of 67 and who is fired or whose employer issued it to the USSR in March, April or May 2020 following the Corona crisis may be eligible for grants if he meets the eligibility conditions. The amount of the grant is determined by your income from retirement pension. The maximum amount is NIS 2,000 for March, and  NIS 4,000 for April and May.

covid19 Unemployment, Cash transfers israel
India:National Pension System withdrawal for Coronavirus: How to withdraw from NPS due to COVID-19 - 5 points siha

The Financial Express (24.04.2020) NPS withdrawal for COVID-19: In view of hardships faced by people due to Coronavirus pandemic, the Pension Fund Regulatory Development Authority of India (PFRDA) has allowed account holders to make partial withdrawals from the National Pension System (NPS).

“In view of the decision of Government of India, which has declared COVID-19 as a pandemic, It has been decided to declare “COVID-19” as a critical illness which is life-threatening in nature. Hence, in view of the above, the partial withdrawals shall be permitted to fulfil financial needs of the subscribers."

The partial withdrawal can be made for a maximum of three times during the entire tenure of subscription.

covid19 Cash transfers, Shocks & extreme events india
India: Modi govt to provide 3 months pension in advance to senior citizens, differently-abled, widows - The Financial Express siha

The Financial Express (27.03.2020) National Social Assistance Program: The Union government will provide three months' pension in advance to the poor senior citizens, widows and persons with disabilities in first week of April. The program is run by the Union Rural Development Ministry. Apart from the above, an ex gratia amount of Rs 1,000 over the next three months will be given in two instalments to these beneficiaries, according to the announcement by Finance Minister.

covid19 Cash transfers india
Hungary: Social security contribution exemption/reduction in response to COVID-19 - KPMG Global siha

KPMG Global (04.05.2020) Modified social security contribution rules shall be applied for the period of March-June 2020 to the specified sectors (Hospitality and tourism; Entertainment, film industry, performing arts; Sports services; Event organization; Gambling).

  • Employers will not be liable to pay their part of social security contributions (17.5%+1.5%) with respect to employment income provided by them in the March-June 2020 period, from 1 July this rate will be set at 15.5%.
  • Employees will only be liable to pay 4% healthcare social security contribution on the employment income received in the March-June 2020 period, instead of the aggregated 18.5% social security contribution. Nevertheless, the upper limit of the above healthcare social security contribution will be HUF 7,710/month.
contribution collection, covid19 Financial crisis hungary
Finland: Pen­sion cont­ri­bu­tions tem­po­ra­ri­ly lowe­red siha

Fin­nish Cent­re for Pen­sions (06.04.2020) Emplo­yers’ ear­nings-re­la­ted pen­sion cont­ri­bu­tions have been tem­po­ra­ri­ly lowe­red by around 2% (until the end of the year). This mea­su­re is fi­nanced by cut­ting into the EMU buf­fer (to a value of €900 mil­lion). Busi­nes­ses whose ope­ra­tions have stop­ped comple­te­ly due to the epi­de­mic can post­po­ne the pay­ment of their ear­nings-re­la­ted pen­sion cont­ri­bu­tions by three months at the most. The above mea­su­res will re­duce the cont­ri­bu­tion inco­me of pen­sion pro­vi­ders in 2020 by an es­ti­ma­ted one bil­lion euros. The loss will be com­pen­sa­ted by rai­sing the emplo­yer cont­ri­bu­tions in 2022–2025.

contribution collection, covid19 Contribution collection and compliance finland
Finland: Processing of unemployment benefit applications to be accelerated siha

Ministry of Social Affairs and Health (08.05.2020) Based on a temporary amendment, unemployment benefit can be paid without a decision, as an advance payment, for a period of six months instead of the current period of two months. The President of the Republic approved the act on temporary derogations from the Unemployment Security Act due to the coronavirus epidemic. The act will enter into force on 11 May 2020 and it will remain in force until 31 October 2020.

covid19, labour markets Unemployment, Cash transfers finland
Uruguay: Actualización de información en relación al coronavirus COVID-19 cambrosio

gub.uy (19.03.2020)

El Ministerio de Economía y Finanzas (MEF) anunció que aplazará el vencimiento de pagos de BPS y la DGI. Los aportes patronales al BPS con vencimientos en marzo y abril de los monotributistas, las unipersonales y las sociedades personales con hasta 10 empleados podrán ser abonados en un 60% en junio. El 40% restante será subsidiado totalmente por el Estado, según anunció la ministra Arbeleche.

contribution collection, covid19, self-employed Contribution collection and compliance uruguay