Trade with Greece
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There is no relief for freelance professionals, and
the 20% contribution will become effective as of
1/1/2017.
For the remaining practitioners –physicians, engi-
neers, pharmacists, lawyers– contributions will be
equal to 20% of their income, albeit the total bur-
den will be reduced by 50% for persons with
incomes between 7,032 and 13,000 euros. This
rate will decrease by 1% for every 1,000 euros of
income. Thus, for incomes from 13,000.01 euros to
14,000 the relief will stand at 49% and the contri-
bution for the year 2017 will range from 1,300 to
1,428 euros, instead of a flat 2,800 euros. Persons
with incomes of 18,000 euros will enjoy a relief of
45%, thus paying 1,836 euros instead of 3,600
euros.The reductions on the new increased contri-
butions shall be abolished in 2020.
Farmer contributions
1. Pension contributions:
•10% on the respective social security class in
2016.
•14% of income in 2017.
•16% of income in 2018.
•18% of income in 2019.
•19% of income in 2020.
•19.5% of income in 2021.
•20% of income from 2022 onwards.
The minimum income on which contributions will
be calculated as of 1/1/2017 is set at 4,922 euros
(410.2 per month). This means that, as of 2017,
farmers declaring incomes from 0 to 4,922 euros
will pay an annual contribution of 689 euros (14%
X 4,922 euros = 689 euros). In 2018 they will pay
788 euros, in 2019 they will pay 886 euros, and in
2022 they will pay 984 euros.
2. Health insurance contributions:
•3.61% on existing social security classes in
2016.
•4.73% of income in 2017.
•5.84% of income in 2018.
•6.95% of income from 2019 onwards.
