Jan 15, 2024 1 min read

Spain – Changes in social security contributions for 2024

Changes in social security contribution

Effective from 1 January 2024, the maximum contribution base has been increased from EUR 4,495.5 to EUR 4,720.5 per month. The minimum contribution base will continue to be EUR 1,260.00 per month until publication of SMI 2024.

Professional GroupJob CategoryMinimum Base (EUR)Maximum Base (EUR)
1Engineers and Graduates1,759.50 (p/month)4,720.50 (p/month)
2Technical Engineers, Experts, and Qualified Assistants1,459.20 (p/month)4,720.50 (p/month)
3Administrative and Workshop Managers1,269.30 (p/month)4,720.50 (p/month)
4Non-Degree Assistants1,260.00 (p/month)4,720.50 (p/month)
5Administrative Officers1,260.00 (p/month)4,720.50 (p/month)
6Subordinates1,260.00 (p/month)4,720.50 (p/month)
7Administrative Assistants1,260.00 (p/month)4,720.50 (p/month)
8First and Second-level Officers42.00 (p/day)4,720.50 (p/month)
9Third-level Officers and Specialists42.00 (p/day)4,720.50 (p/month)
10Peons – Laborers42.00 (p/day)4,720.50 (p/month)
11Workers under 18 years old irrespective of their professional category42.00 (p/day)4,720.50 (p/month)

Rates for the Intergenerational Equity Mechanism (MEI) contribution is also amended.

Contribution byRate (2024) (%)Rate (2023) (%)
Employer0.580.5
Employee0.120.1

Please contact your Mercans’ services delivery team for any additional information regarding the implications of the above change

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