contribution collection

Poland: Expansion of eligibility for temporary social security contributions

Submitted by mmarquez on Tue, 10/13/2020 - 14:14

Social Security Agency (18.04.2020) On April 18 and May 15, Poland's government amended its Anti-Crisis Shield (Tarcza Antykryzysowa) program to expand eligibility for temporary social security contribution reductions. Under the amended program, employers with 10 to 49 employees as of February 29 can receive a 50-percent reduction in the contributions they owe for March, April, and May.

Regions / Country
poland
Global challenges
Topics
Compliance and Contribution Collection
Document Type

India: Reduced EPF contribution for 3 months

Submitted by mmarquez on Tue, 10/13/2020 - 11:35

conomictimes.indiatimes.com (15.06.2020) The Employees' Provident Fund Organisation (EPFO) will reduce its EPF contribution rate from 12 per cent to 10 per cent for both employers and employees for the months of months May 2020, June 2020 and July 2020. It is applicable to all class of establishments covered under the EPF & MP Act, 1952 except the establishments like Central and State Public sector enterprises or any other establishments owned or controlled of the Central govt or State govt.The reduced rate is also not applicable to establishments eligible for PMGKY benefits, since the

Regions / Country
india
Global challenges
Topics
Old age Pensions
Compliance and Contribution Collection
Document Type

Argentina: Reduction and postponement of social security contribution payment

Submitted by siha on Thu, 10/01/2020 - 16:35

OFFICIAL BULLETIN REPUBLICA ARGENTINA - General Resolution 4788/2020 (04.08.2020) The postponement or reduction of up to 95% of the payment of employer contributions to the Argentine Integrated Pension System. Certain employers will enjoy the benefit of postponement of the expiration date for the payment of employer contributions to the Argentine Integrated Social Security System for the period accrued in March, April, May, June and July 2020.

a) Accrued in March 2020: from June 9 to July 31, 2020, inclusive.

Regions / Country
argentina
Global challenges
Topics
Extension of coverage
Compliance and Contribution Collection
Covid-19
Document Type

Switzerland: COVID-19 temporary derogation with respect to individual tax and social security agreements for frontier workers finally extended until December 31, 2020

Submitted by siha on Wed, 09/02/2020 - 13:23

RSM Switzerland (28.08.2020)With the current worsening of the sanitary situation, further intense discussions, France and Switzerland finally agreed on a new extension of both social security and tax derogation schemes until December 31, 2020, to enable frontier workforce to keep high volume of home office and hence contribute to the fight against virus spread.

Regions / Country
france
switzerland
Topics
Compliance and Contribution Collection
Bilateral agreement
Covid-19
Document Type

Fiji: Contribution reduction

Submitted by siha on Fri, 08/21/2020 - 12:29

National Provident Fund (01.04.2020) To support all employers in Fiji, the statutory FNPF employer contribution is halved from 10 percent to 5 percent effective from 1 April 2020 to 31 December 2020. This expected to provide a $130 million relief to employers for the next 9 months. The employee Contribution is reduced from 8 percent to 5 percent effective from 1 April 2020 to 31 December 2020. This will put around $80 million back in the pockets of Fijian employees for the next 9 months.

Regions / Country
fiji
Global challenges
Topics
Compliance and Contribution Collection
Covid-19
Document Type

New Caledonia: Deferral of social contributions for the self-employed

Submitted by siha on Thu, 07/30/2020 - 12:37

CAFAT (30.07.2020) As a self-employed worker, the due date for payment of  your provisional contributions for the 2nd quarter of 2020 set on March 31 and the due date for payment of your provisional contributions for the 3rd quarter of 2020 set on June 30, are payable on September 30, 2020.

Regions / Country
New Caledonia
Global challenges
Topics
Compliance and Contribution Collection
Covid-19
Document Type

New Caledonia: Deferral of social contributions for employers

Submitted by siha on Thu, 07/30/2020 - 12:31

CAFAT (30.07.2020) The payment dates for contributions due by employers forced to reduce or suspend their activities due to the health emergency measures adopted on March 23, 2020 are as follows: The payment of social contributions for the 1st calendar quarter of 2020 (due April 30, 2020) is postponed to September 30, 2020. The payment of social contributions for the 2nd calendar quarter of 2020 (due July 31, 2020) is postponed to October 30, 2020.

Regions / Country
New Caledonia
Global challenges
Topics
Employment
Compliance and Contribution Collection
Covid-19
Financial crisis
Document Type

Costa Rica: SPECIAL SOLIDARITY CONTRIBUTION TO HIGH PENSIONS

Submitted by siha on Fri, 07/24/2020 - 11:02

Ministry of finance (17.07.2020) Starting this July, the National Treasury of the Ministry of Finance will apply to pensions higher than ¢ 2,296,000 corresponding to the National Pension Directorate, Pension Board of the National Teaching Staff and the Ex-Presidents Regime, the deduction for special solidarity and redistributive contribution, established by Law No. 9796 (“Law to Redesign and Redistribute the Resources of the Special Solidarity Contribution”).   

Regions / Country
costa rica
Global challenges
Topics
Old age Pensions
Compliance and Contribution Collection
Financing
Inequalities
Mutual benefit societies
Document Type

Barbados: Deferral of employers' contributions for 3 months

Submitted by mmarquez on Thu, 07/23/2020 - 10:19

loopnewsbarbados.com (21.03.2020) For those employers who are prepared to retain three-quarters of their workforce even if some are on short-week, they can defer the employers’ contribution for three months in the first instance with a preparation to extend for another three months if the crisis goes beyond.

Regions / Country
barbados
Global challenges
Topics
Compliance and Contribution Collection
Document Type

Belize: Two month extension for contribution payments

Submitted by siha on Tue, 07/21/2020 - 16:06

Social Security Board (21.07.2020) Effectively immediately, SSB has extended the deadline for all contribution payments for the months of March and April 2020.

Employers are required to submit their monthly Contribution statement for these months via our online portal. Self-employed persons can submit their monthly contributions certificate electronically to info@socialsecurity.org.bz.

Employers and self-employed persons can opt to make monthly instalments not exceeding six months with no penalties.

The first payment for March and April is due by 31 July 2020.

Regions / Country
belize
Topics
Compliance and Contribution Collection
Service quality
Document Type