Jordan: Relief measures related to social security contributions (COVID-19)
Jordan: Relief measures, social security contributions
Social security contributions for the three months of March, April, and May 2020 are reduced in order to provide certain relief in response to the coronavirus (COVID-19) pandemic.
The rate of social security contributions is decreased to 5.25% (instead of the typical rate 21.75%). With this rate reduction, the employer share of social security contributions will be 4.25% and the employee share will be 1%.
Payments of the reduced social security contributions must be remitted by 31 December 2023 to avoid imposition of interest.
Read an April 2020 report prepared by KPMG International
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