SOLIDARITY QUOTA
On 1 January 2025, the Solidarity Quota, a new measure contained in Royal Decree 322/2024, approved by the Government on 26 March 2024, came into force.
What is the Solidarity Quota?
The Solidarity Contribution is an additional Social Security contribution, which will be applied in Spain from 1 January 2025 on the part of the salaries that exceed the maximum contribution base.
This measure is intended to generate additional resources to strengthen the Pension Reserve Fund, along the same lines as the Intergenerational Equity Mechanism (IEM), in force from 2023.
Who is affected by the measure?
This quota will affect employed workers whose remuneration exceeds the maximum contribution base, established for the year 2025 at 59,059 euros per year. It will also apply to workers in the Special Scheme for Sea Workers, whether they are self-employed or employed.
However, workers in the Special Scheme for Self-Employed Workers (RETA) will be excluded from this obligation, regardless of their income, as they have a different contribution system.
How will the quota be applied?
The percentage corresponding to the Solidarity Contribution will be applied exclusively to the amount of the salary that exceeds the base of the maximum contribution and will increase gradually until 2045, when it will reach the maximum values provided for. The increase will be 0.25% year.
For the current year 2025, the contribution rates will be as follows:
- First tranche: 0.92% will be applied to salaries exceeding the maximum contribution base by up to 10%.
- Second tranche: 1% on the part of the salary that exceeds an additional 10% to 50%.
- Third tranche: 1.17% on the part of the salary that exceeds 50% of the maximum base.
Tax burden sharing
The distribution of the contribution between companies and workers will follow a similar scheme to that of contributions for common contingencies. Most of the burden will fall on companies, which will assume 83.39% of the contribution, while workers will have to contribute the remaining 16.61%.