100% tax deductible !

Your social security contributions are directly linked to your self-employed status. It's compulsory, and it protects you 🛡️. These contributions give you social security rights for family, sickness, maternity... No wonder they're 100% deductible.

Who do I pay these contributions to ? INASTI collects contributions for the self-employed, as does ONSS for employees. However, it is possible to register with another social insurance fund, which acts as an intermediary for INASTI (the main fund): UCM, Acerta, Group S, Avixi, Liantis, Partena, Xerius, Zenito, Securex... Each fund, including the NISSE, charges management fees on these contributions. The least costly in 2023 is Xerius, with management fees amounting to 3.05% of contributions.

Contributions represent a % of my taxable income, but what exactly are they ? If you are a self-employed individual: income - expenses - social security contributions paid during the year. If you are a company director: remuneration - social security contributions paid privately during the year:

With a minimum of €840.97/quarter for a self-employed principal and €93.04/quarter for a self-employed secondary employee*.

(*) For the self-employed in a complementary capacity, the rates are identical but, below €1,815.41, no social contributions are due.

💡 Deductible social security contributions are exclusively those paid before 12/31 of the income year. There's no question of making a payment in early January for the previous year. Make sure you plan your payments well in advance.