The Ministry of Labor and Social Protection of Belarus explained who and in what amount is obliged to pay contributions to the Social Protection Fund.
Each category of payers has its own “rate”.
Who pays contributions to the Social Security Fund and in what amount?
As reported by the press service of the Ministry of Labor on Telegram, employers pay 34% of the wage fund for working citizens (28% for pension insurance, 6% for social insurance).
Working citizens pay 1% of their salary for pension insurance.
Individual entrepreneurs, notaries and lawyers pay 35% of their income (29% for pension insurance, 6% for social insurance).
Payers of professional income tax contribute 60% of the amount of the professional income tax towards pension insurance.
Individuals engaged in independent professional activities with the payment of a single tax/craft fee/fee for services in the field of agroecotourism contribute 29% to pension insurance.
For reference
The Ministry of Labor and Social Protection of the Republic of Belarus is a republican government body implementing policies in the field of labor and labor protection, employment, social protection and demographic security.