As from 1 January 2014, new social insurance contribution rates have been introduced in Cyprus. In this case the contribution to the Social Insurance fund for both employees and employers will be increased from 6.8% to 7.8%.
The contribution is set to increase by 0.5% every five years.
As from 1 January 2014, new social insurance contribution rates have been introduced in Cyprus. In this case the contribution to the Social Insurance fund for both employees and employers will be increased from 6.8% to 7.8%.
The contribution is set to increase by 0.5% every five years.