Increase in the quotas of the Special Regime for Self-Employed Workers for this same year

The General Treasury of the Social Security has updated the applicable contribution percentages, leading to an increase in the monthly contributions of self-employed workers.

The second transitional provision of Royal Decree-Law 28/2018, of 28 December, for the revaluation of public pensions and other urgent measures in social, labour and employment matters, provided for a progressive increase in the contribution rates applicable for occupational contingencies and for cessation of activity of self-employed workers included in the Special Social Security Scheme for Self-Employed Workers and in the Special Social Security Scheme for Sea Workers ( see previous article).

Specifically, just a few days ago, the rate was increased from 30% to 30.3%. To this effect:

• For contributions for professional contingencies, the contribution rate has increased from 0.9% to 1.1%.
• For termination of activity, the contribution rate has risen from 0.7% to 0.8%.
• The contribution for common contingencies has remained at 28.3 per cent.
• Finally, the contribution for vocational training has also been maintained at 0.1 per cent.

In accordance with the above, the Social Security General Treasury (TGSS) has proceeded to update the contribution rates that have been applied until the settlement period of September 2020, and which corresponded to those foreseen for 2019. As a result of the aforementioned update, the contributions corresponding to the October 2020 period have already been calculated with the new rates.

In practice, if a self-employed person has been paying the minimum contribution rate, this increase in the contribution rate will mean a monthly increase of approximately three euros – they will pay 286.15 euros (944.40 x 30.30%) instead of 283.32 euros (944.40 x 30%).

However, if a self-employed person has been benefiting from the flat rate of 60 euros, this increase in the contribution rate will not affect him/her, as he/she will continue to pay the fixed contribution of 60 euros each month.

With regard to the regularisation of the contributions corresponding to the months of January to September, it should be noted that this will be dealt with in the coming weeks and the TGSS will inform you of the collection period in which the corresponding complementary contributions will be debited from your account.

It should be remembered that with a view to 2021, the same second transitory provision of Royal Decree-Law 28/2018 of 28 December also regulated the new rate to be applied, setting it at 30.6%. In other words, it is foreseeable that the coming year will bring with it a new increase in the quota that will theoretically have to be applied in the month of January. It remains to be seen whether the TGSS decides to implement it within the stipulated time or delays it once again, as has happened this year.

The AddVANTE Labour Management Department remains at your disposal for further information or to resolve any queries that may arise in relation to this article.