Portugal – Income Tax Rate and Meal Voucher Rate Change

The Portuguese Tributary and Customs Authority has published new withholding tax tables for the “Azores”, “Mainland” and “Madeira” regions, effective 1 January 2025 to 31 December 2025.

Feb 3, 2025 1 min read

Germany – Payroll and Social Security Tax Changes

A unified contribution ceiling for pension and unemployment insurance will apply nationwide, abolishing the East/West legal district distinction.

Jan 29, 2025 2 min read

Turkey – Employer Social Security Rate Change

Effective from 1st February 2025,  Article 81, paragraph 1, item (I) of Law No. 5510. is amended through Law No. 7538, gazetted on 15th January 2025, through article 10.

Jan 29, 2025 1 min read

Zambia – Pension Scheme Contribution Change

On 7 January 2025, The National Pension Scheme Authority (NAPSA) issued a notice revising the contribution ceiling for the 2025 year.

Jan 23, 2025 1 min read

Japan – 2025 Tax Reform Change

On 27 December 2024, the Japanese government approved the 2025 Tax Reform Proposals (the “2025 Tax Reform Proposals”).

Jan 23, 2025 1 min read

Thailand – Employee Welfare Fund, Assistance Resignation/Death Employee, Tax Allowance and Daily ...

If the employer has established a provident fund or provides assistance to employees in the event of resignation or death (No. 2), the employer will be exempt from making contributions to this fund.

Jan 20, 2025 2 min read

Serbia – Social Security Monthly Contribution Basis and Non-Taxable Amount Changes

Social Security Monthly Contribution Basis In accordance with Article 37 of the Law on Contributions for Mandatory Social Insurance, the lowest base (RSD 45,950) and the highest base (RSD 656,425) have been published. The basis amount is effective from 1 Januar...

Jan 20, 2025 1 min read

Finland – Changes To Health Insurance and Unemployment Contribution Rates

Changes To Health Insurance and Unemployment Contribution Rates Changes in health insurance contribution rates Employers are required to pay health insurance contributions for employees aged 16 to 67 who are covered by the Finnish social insurance system under th...

Jan 15, 2025 2 min read

Romania – Minimum Wage, Guarantee Gross Minimum Base and Tax Benefit Changes

Minimum Wage According to Official Gazette, Part I, No.1185/28.11.2024, Romania's national gross minimum base salary guaranteed in payment is set at RON 4,050/month from RON 3,700/month for standard work schedules, effective from 1 January 2025. Guaranteed Gross ...

Jan 15, 2025 2 min read

Netherlands – Changes to Social Security Rates, Minimum Wage, Income Tax Rates and Credits

Changes to Social Security Rates, Minimum Wage, Income Tax Rates and Credits On Tuesday 17 December 2024, the Dutch Parliament voted in favour of the Tax Plan 2025 and the other bills presented on Budget Day. The Tax Plan and other bills propose the following chan...

Jan 15, 2025 2 min read

Sweden – Changes to Price Base Amount and Income Tax Rates

Changes to Price Base Amount and Income Tax Rates Sweden has published new regulations establishing the 2025 national tax threshold for individuals, price base amount, one-time tax tables and threshold for expert tax. National tax threshold The national tax thr...

Jan 15, 2025 3 min read

Philippines – Changes to Social Security Contributions

Change In Social Security System Contribution The Social Security System issued circular no. 2024-006 introducing new Social Security System contributions for 2025. The following changes are effective from 1 January 2025: Increased total contribution rate (e...

Jan 15, 2025 1 min read