Over 12,000 Canarian autonomos making use of lower social security payments measures

Over 12,000 Canarian autonomos making use of lower social security payments measures

The scheme introduced in February last year whereby new autonomos pay a flat rate of €50 in social security contributions has resulted in 267,964 new sign-ups, 12,072 of them in the Canaries, the Ministerio de Empleo said yesterday. The Canarian figures break down into 4,395 in the under-30 band and 7,677 in the over 30. Nationally, Andalucia, Cataluña and Madrid are where the largest concentration is found, with almost half of the new autonomos.

The flat rate of €50 was approved by Parliament to support entrepreneurship, part of an overarching strategy of enterprise and youth employment, a programme set out for the years 2013-2016 and aimed specifically at those under 30 years old. Subsequently, however, the scope of the legislation has been increased so that the flat rate was €50 euros for all new autonomos regardless of age.

The measure means that for the first six months following registration as self-employed, new autonomos benefit from paying just 20% of the amount of normal social security payments, an average of around €250 a month. After this first six months, the payments rise for another six months to 50% of the norm. After this first year, autonomos over 30 pay 70%  for the next six months. Anyone can benefit from these measures providing that they have not been registered as autonomo at any time in the last five years.

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