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