Social Security Contributions.

Companies in the agricultural and cattle-raising business are withholding agents of the social security contributions corresponding to the workers.

The rates are the following:

15% For retirement
3%   For health insurance

In addition to these contributions there is a tax on personal remunerations, which is applied to salaries divided into several bands according to the amounts and has progressive rates of 1.05% o 2.05% o 6.05%.

Employer contributions are computed based on the number of CONEAT hectares multiplied by the national minimum wage which is $UY 950 (nine hundred and fifty Uruguayan pesos) and at a single rate of 1.5%.

There is also an employer contribution for MEVIR, but the amount is negligible.