30,000 self-employed workers choose to tailor social contributions to real-life situation

30,000 self-employed workers managed to accommodate their current economic situation when working out their social contributions in the first 2 quarters of 2015. This long-awaited new option results in a better balance between business activity and contributions paid, explains the daily L’Echo on Wednesday.

Until 2014, social contributions were based on income from 3 years earlier. Self-employed workers could not modify payments in the event of hardship or any other deterioration of their business activity.

16,236 self-employed workers were allowed to pay temporarily adjusted contributions which they worked out based on an estimated income lower in 2015 than in 2012, according to figures for the first 2 quarters of 2015. At the same time, 13,880 self-employed workers chose to raise the level of their quarterly contributions immediately in anticipation of increased revenue.

(Source: Belga)

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