Gibraltar Gazettes Legal Notice Amending Social Security Contribution Rates for Employees, Employers

The Gibraltar Official Gazette June 12 published Legal Notice No. 120/2025, amending the social security contribution rates for employees and employers. The notice includes measures setting: 1) the employee contribution rate at 10 percent of gross earnings, subject to a minimum annual contribution of approximately 745 Gibraltar pounds (approximately US$1,010) and a maximum of approximately 2,121 pounds (approximately US$2,877); 2) the employer contribution rate at 18 percent of gross earnings, subject to a minimum annual contribution of approximately 1,662 pounds (approximately US$2,255) and a maximum of approximately 2,923 pounds (approximately US$3,965); and 3) minimum and maximum weekly contributions for employees ...