YEL contribution 2019
The YEL contribution is calculated on the basis of the income you have reported to us. This year the contribution is
- 24.10% for those under 53 years
- 25.60% for those aged 53–62 years
- 24.10% for those aged 63–67 years
As an entrepreneur just starting out, you get a discount of 22% for a period of four years. In that case, the contribution is
- 18.798% for those under 53 years
- 19.968% for those aged 53–62 years
- 18.798% for those aged 63–67 years
The entrepreneur pays a higher contribution starting from the beginning of the year following the year in which s/he turned 53 and continues till the end of the calendar year in which s/he turned 63.