Software update: 2019 wage tax tables and social premiums
Written by Sue
Posted on 1 Jan 2019 - 2 minutes read
In Celery it’s now possible to switch to 2019. For almost all countries, the official wage tax tables and social premiums for 2019 are known. Below are some noteworthy changes.
In 2019 no difference will be made between Tariff groups I and II any more. This means that there is only one Wage Tax Table (currency is Afl.). The tax-free sum has increased with Afl. 7.296 to Afl. 27,751 per year, followed by the following tax brackets:
Because of this new wage tax table, an employee with a monthly salary of Afl. 4,000 will pay Afl. 15 less wage tax per month in 2019. Social insurance premiums have remained unchanged in 2019 for the time being.
Bonaire, Sint-Eustatius and Saba
The ZV/OV/Cessantia premium will decrease to 1.7% employer’s premium in 2019 (was 2.3%). The Health Insurance premium also decreases to 11.7% employer’s premium (was 16.1%). That means a total reduction in employer’s costs of 5%.
On the other hand, per 1 January 2019 the statutory minimum wage increases by 5% on top of the usual inflation correction.
As far as Wage Tax is concerned, an employee with a monthly salary of USD 2,200 will pay USD 8 less Wage Tax per month in 2019.
The SVB Wage Limit has increased to ANG 67,548 per year (was ANG 65,520). This amounts to an SVB Wage Limit of ANG 5,629 per month. The other social contributions remain unchanged.
As far as Wage Tax is concerned, an employee with a monthly salary of ANG 4,000 will pay ANG 12 less wage tax per month in 2019.
The official SZV social premiums are known for 2019 and have remained the same as applicable in 2018.
The expectation regarding the Wage Tax and fiscal allowances is also that these figures remain the same as in 2018.
The 2019 Wage Tax tables and AOV premium will remain equal to 2018.
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