The Revision of the Self-Employed Bases is permitted in each quarter. From our Labour Consultaning Dept we inform you that you have the opportunity to modify the contribution base of the Special Regime for Self-Employed Workers (RETA) and the quota to be paid, within the limits allowed according to your age.
The next due date to carry out this review ends on 30th June 2020. It will take effect on 1st July 2020.
Remember! From 2022 onwards, the last 25 years of contribution will be used to determine the amount of your pension. So from the age of 42, you will have to revise and update your Contribution Base if you are interested. They will affect your future public pension.
We also remind you that, depending on the publication of the Self-Employed Act, the number of times a year that you can change your contribution base has risen from two to four.
The deadlines and dates effective as of January 1 of this year are as follows:
- From 1st January to 31st March, the change will be effective on 1st April of that year.
- For the quarter from April 1st to June 30th, the change will be effective on July 1st of that year.
- From July 1st to September 30th, the change will be effective on October 1st.
- From October 1st to December 31st, the change will be effective on January 1st of the following year.
Revision of the Bases for Self-Employed. Tables
By way of example, we attach a comparative scale with some options (amounts valid from 01-01-2018):
Type of Contribution
temporary disability/incapacity coverage
|Social Security fee payable
– minimum as from 01/01/2019 –
|30 % *||283,32 €|
| 1.018,50 €
Minimum for workers of 48 or more years of age as at 01/01/2020, with exceptions.
|30 %||305,55 €|
|1.000 €||30 %||300,00 €|
|1.202 €||30 %||360,60 €|
| 2.077,80 €
Maximum for workers of 47, 48 or more years of age, with exceptions.
|30 %||623,34 €|
| 4.070,10 €
– maximum base –
|30 %||1.221,03 €|
*30% includes the percentage of cessation of activity.
Self-employed workers who on 1/1/2020 are 47 years old may request a base higher than the maximum for this financial year (2,052.00€ ), provided that they request it before 30/6/2020.
If you are interested in modifying the contribution or quota base, please contact us as soon as possible.