Investor Presentaiton
86
EMPLOYER (%)
EMPLOYEE (%)
Pension
21.5
6.5
Sickness
2.1
0.0
insurance
Unemployment
1.2
0.0
insurance
Health
9.0
4.5
insurance
Total
33.8
11.0
Social security contributions, where payable, amount to
(44.8 percent) of an employee's salary (for income up to an
annual cap for social security). This consists of an employee
contribution of 11 percent and an employer contribution
of 33.8 percent made up as follows. The maximum annual
assessment base for social security premiums in 2022 is CZK
1.867.728. There is no cap on health insurance premiums.
Social security and health insurance contributions must
be paid on a monthly basis. Social security contributions
must be paid until the aggregate of the monthly assessment
base exceeds the maximum annual assessment base. Upon
achieving this limit, the employer and employee should stop
paying social security contributions. The assessment base is
very similar to the tax base.View entire presentation