Spain: Extended exemption of social securituy contributions for companies until May 31st

Submitted by mmarquez on Wed, 01/27/2021 - 12:18
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El Diario (26.01.2021) With the extension of the ERTEs until May 31st, companies will maintain high exemptions in the different ERTE modalities, which even reach 100% in some cases. For the 'ultra-protected' sectors and their dependent companies and their value chain, the savings in the Social Security contribution is 85% for companies with less than 50 workers and 75% for those with more than that level of staff, both for reinstated and suspended employees. In the case of ERTEs due to disability, which companies in any sector can take advantage of, the exemptions are 100% for companies with less than 50 workers and 90% for those that exceed that level of staff. In the limitation ERTE, the exemptions are decreasing: from 100% in February, 90% in March, 85% in April and 80% in May for companies with less than 50 workers and from 90%, 80%, 75% and 70 % (in those months) for companies that exceed that staff level.

measures summary

With the extension of the ERTEs until May 31st, companies will maintain high exemptions in the different ERTE modalities, which even reach 100% in some cases. For the 'ultra-protected' sectors and their dependent companies and their value chain, the savings in the Social Security contribution is 85% for companies with less than 50 workers and 75% for those with more than that level of staff, both for reinstated and suspended employees. In the case of ERTEs due to disability, which companies in any sector can take advantage of, the exemptions are 100% for companies with less than 50 workers and 90% for those that exceed that level of staff. In the limitation ERTE, the exemptions are decreasing: from 100% in February, 90% in March, 85% in April and 80% in May for companies with less than 50 workers and from 90%, 80%, 75% and 70 % (in those months) for companies that exceed that staff level.

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