This Social Security An important announcement has been made to everyone. self-employment what you wish change bid base. Now they will have opportunity to do it up to six times a year, in an effort to adapt to the financial reality of the self-employed. This change is particularly important, as the new real income contribution system could lead to months where the contribution is inaccurate.
Change in contribution base, Basic mechanism to avoid errors in quota calculations. With the introduction of the income quota system, the self-employed have to choose a contribution base based on their actual earnings. But, an incorrect calculation can lead to an improper selection of the contribution slicecauses insufficient quotas.
The good news is that starting this year, The self-employed have the opportunity to change their contribution up to six times in the same year.. This is a significant increase compared to the limit of four changes in the previous year. SSI was established specific dates and deadlines for each changethis provides more flexibility in the management of contributions.
Self-employed: dates on which contribution base can be changed
Below we present the established dates and deadlines for contribution base changes:
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1 January – 28 February: Change effective from 1 March.
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March 1 – April 30: The change is effective from May 1.
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May 1 – June 30: The change is effective from July 1.
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1 July – 31 August: Change effective from 1 September.
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1 September – 31 October: Change effective from 1 November.
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1 November – 31 December: Change effective from 1 January of the following year.
How to change the contribution base of the self-employed?
To make the change, freelancers can access their Personal Spaces on the page. Website of the Social Security General Treasury. In the section “Withdrawal and changes” you will find the option “Change of self-employment data”, which will allow you. request a change in the contribution baseNO. It is important to choose the appropriate tranche based on the new quota table and decide whether you want the base to be updated automatically each year.
Arrangement of contributions will be done by crossing data between Social Security and Tax Office.. At the end of the year, it will be checked whether the self-employed people choose the appropriate contribution according to their real income. In case of insufficient quotation, notification will be sent before the specified time to pay the difference. On the other hand, If overquoted, a corresponding refund will be issued before 31st May of the following year.
This new contribution base change approach gives the self-employed more flexibility to adapt to fluctuations in their income. and avoid mistakes in citations. It is essential to take advantage of this opportunity and be aware of the dates and deadlines set by Social Security. Changing the contribution base has become more accessible and necessary than ever before in the world of the self-employed. Don’t miss the opportunity to adjust your price offers accordingly and ensure optimum financial management!