The Social Security Rate For Companies in Iceland stands at 6.35 percent. Social Security Rate For Companies in Iceland averaged 6.51 percent from 2000 until 2023, reaching an all time high of 8.65 percent in 2010 and a record low of 5.23 percent in 2001. source: Directorate of Internal Revenue

Social Security Rate For Companies in Iceland is expected to reach 6.35 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Iceland Social Security Rate For Companies is projected to trend around 6.35 percent in 2026, according to our econometric models.




Related Last Previous Unit Reference
Corporate Tax Rate 21.00 20.00 percent Dec 2024
Personal Income Tax Rate 46.28 46.25 percent Dec 2024
Social Security Rate 10.35 10.35 percent Dec 2023
Social Security Rate For Companies 6.35 6.35 percent Dec 2023
Social Security Rate For Employees 4.00 4.00 percent Dec 2023
Withholding Tax Rate 13.00 12.00 percent Dec 2024

Iceland Social Security Rate For Companies
In Iceland, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Companies are an important source of income for the government of Iceland because they help to pay for many social programs including welfare, health care and many other benefits.
Actual Previous Highest Lowest Dates Unit Frequency
6.35 6.35 8.65 5.23 2000 - 2023 percent Yearly