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Guernsey Approves Ordinance on Social Security Contributions for 2019

|Approved Changes|Guernsey
Guernsey

Guernsey has approved the Social Insurance (Rates of Contributions and Benefits, etc.) Ordinance, 2018, which comes into force on 1 January 2019. For both employer and employee contributions, the contribution rate for 2019 is maintained at 6.6%, while the upper weekly earnings limit for contributions is increased from GBP 2,748 to GBP 2,814 and the upper monthly earnings limit for contributions is increased from GBP 11,908 to GBP 12,194. Gross earnings above the prescribed limits are not con…

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