Payments to the Guarantee Fund

Payment to the Guarantee Fund is made by employers, legal entities and individuals (including non-profit organizations, banks and credit unions, representative office and branch of EEA entities, farmers, individuals carrying out individual business activities). The purpose of that payment is to ensure benefits for employees against unemployment.

Taxable period – calendar month. This tax is not subject to reporting. The rate is 0.2 % of the gross salary paid to employees, which is used as the basis to calculate State Social Insurance contributions. Payments are made once a month, no later than the 15th day of the following month.