One of the responsibilities of self-employed workers is paying Social Security through a monthly fee. This is a payment that they must make to the system on a mandatory basis once they have registered in the Special Regime for Self-Employed Workers (RETA) and will entail the contribution to be entitled to contributory benefits just like employed workers – benefits. . about retirement, disability…-. The import of the quotas depends on the contribution base that the self-employed person has previously communicated: Can the information be changed? How many times a year can it be done? We solve all your doubts.
This fee will be paid every month – on the last day – and in “any financial entity authorized to act as a Social Security Collection Office,” according to the entity itself. However, it must be taken into account that, if the worker stops working once the month begins, the import of the quota for the first month will be proportional to the days worked.
The import of this quota will depend on the net income of each self-employed person, according to the new system that came into force this year. And these returns will be calculated, according to Social Security, “by deducting from the income all the expenses incurred in the exercise of the activity and necessary to obtain income for the self-employed.” Furthermore, on this amount, a deduction for generic expenses of 7% -3% for corporate self-employed workers- is additionally applied.
How many times a year can I change the contribution base?
The result will be the figure that will determine the contribution base and the corresponding fee. However, it is possible that these returns are variable or ultimately not in line with the self-employed worker’s forecast. In that case, it is possible to modify the contribution base. Specifically, up to six times a year, but with effects on specific dates. The effects of the changes will take place according to the following dates:
March 1, if the request is made between January 1 and February 28/29. May 1, if the request is made between March 1 and April 30. July 1, if the application is made between May 1 and June 30. September 1, if the application is made between July 1 and August 31. November 1, if the application is made between on September 1 and October 31. January 1 of the following year, if the request is made between November 1 and December 31.
Specifically, it will be applied in the month of November. For those who are interested, the request to change base can be made through the Social Security General Treasury Portal or in the RED System if an authorized RED is available. Along with the request for a change of base, the expected monthly net returns must be declared.
When is the regularization of contributions done?
Despite the changes, at the end of the fiscal year and, once the annual net returns are known, the contributions will be regularized. That is, quotas will be returned or claimed in the event that the final net income range is below or above that indicated by the forecasts during the year.
Social Security has a quota calculator for self-employed workers through the Importass portal. However, it points out that it is a “simulation is informative and the fee to pay will be shown without applying deductions.” The simulator shows the minimum and maximum fee for each corresponding section. In addition, the breakdown of contributions and the contribution base are detailed.