COLLABORATORS AREABASQUE COUNTRY AND NAVARRA: Are you going to hire someone this holiday season?
Translation generated by AI. Access the original version
In temporary contracts, a minimum of 2% must be withheld. In case of extension, check if you need to regularize that type.
To calculate the amount to withhold, the compensations expected to be paid during the calendar year must be known, and the withholding rate must be consulted to know the applicable withholding percentage.
However, if your company hires workers with a contract lasting less than a year, you must apply a minimum withholding of 2%. Regarding this percentage, keep in mind that:
It is a minimum rate
The 2% rate applies even if the withholding rate results in a lower rate. However, if a higher rate results, that higher rate must be applied.
What happens if the temporary contract is extended?
The minimum rate of 2% must continue to be applied when the extension or renewal is also for a duration of less than a year. However, many companies act out of inertia and apply that minimum rate to all temporary contracts, even when they are extended for more than a year.
Our professionals are at your disposal for any questions you may have.
-
BASQUE COUNTRY AND NAVARRA: During vacations, use courtesy days
Choose 30 days a year without electronic notifications
-
BASQUE COUNTRY: Do not forget to submit the supporting documents with your Corporate Tax return
Know the consequences of not submitting the supporting documents.
-
BASQUE COUNTRY: Am I going to have to declare in Corporate Tax?
Now that the Corporate Tax campaign is approaching, you will be interested to know if you have to submit a self-assessment.
This website uses both its own and third-party cookies to analyze our services and navigation on our website in order to improve its contents (analytical purposes: measure visits and sources of web traffic). The legal basis is the consent of the user, except in the case of basic cookies, which are essential to navigate this website.