The Social Insurance Agency has announced new minimum and maximum assessment bases. The changes affect both employers and employees. From 2025, new minimum and maximum assessment bases for the payment of social security contributions will apply to the self-employed and those who are voluntarily insured. The new amounts will be paid for the first time by 10 February 2025, and the Social Insurance Institution recommends that the payment amount in bank orders be adjusted and that the correctness of the variable and specific symbols be checked.
The minimum taxable amount for self-employed and voluntarily insured persons will increase to EUR 715 and the maximum taxable amount to EUR 15 730 from 1 January 2025.
Employers and their employees will also be subject to a new maximum assessment base from 2025.
The maximum monthly assessment base for employees for each type of social insurance will be set at EUR 15 730. This means a maximum contribution for them of EUR 1 478.62.
More info: https://www.socpoist.sk/en
Source: SME
