Guernsey's Committee for Employment & Social Security has submitted a letter on recommendations for contributory benefits and contribution rates for 2021. The main recommendation is an increase in all contribution earnings income limits by 2.6%, which would result in the following for employers/employees:
- Upper earnings limit:
- Weekly - increased from GBP 2,880.00 to GBP 2,955.00
- Monthly - increased from GBP 12,480.00 to GBP 12,805.00
- Lower earnings limit:
- Weekly - increased from GBP 1…