Blogs in this series

Life in Culebrón is a very British view of life in a small village in Alicante province, my experience of Spain, of Spaniards and sometimes of the other Britons who live nearby. The tabs beneath the header photo link to other blogs written whilst I was living in other parts of Spain, to my articles written for the now defunct TIM magazine and to my most recent photo albums.

Thursday, July 26, 2007

Social Security

My boss was convinced that he paid an amount equivalent to around 45% of the salary of each of his workers in Social security payments. I was equally convinced that it could be nowhere near that amount.

On my wage slip it says I pay 12% income tax and a bit over 6% in Social Security. I guessed, that the Spanish system would be something like the UK system, with the employer making a similar contribution to the employee.

An asesor, basically an accountant, deals with the wages for the firm I work for so I went to ask them what the situation really is.

I was amazed; my boss was right. The total contribution is between 42% and 45% of salary.

It's not surprising that so many people work cash in hand in Spain.

1 comment:

Sam Lown said...

Hi Chris,

You might find this page interesting (in Spanish):

Its something I was looking up recently to fully understand the difference between "bruto", "base", "liquido", etc. when referring to wages! It mentions there a few of the costs to a company.

Take care,