Social insurance contributions paid by entrepreneurs are determined on the basis of the average monthly salary. From 1 January 2024, it will increase again. What will be the amount of social insurance contributions in 2024 for entrepreneurs? See in the article below, how ZUS contributions will look like for entrepreneurs settling on the tax scale, flat tax or lump sum, respectively. We invite you to read.
Table of Contents
- How are social insurance contributions for entrepreneurs calculated?
- What are the forecasts for the average salary?
- What will be the amount of social insurance contributions in 2024 for entrepreneurs?
- Social insurance contributions in 2024 – what will be the value of health insurance contribution for entrepreneurs settling on a tax scale or flat tax?
- Social insurance contributions in 2024 – what will be the value of health insurance contribution for entrepreneurs settling on a lump sum?
- Effects of the increase in social insurance contributions in 2024 for entrepreneurs?
- Social insurance contributions in 2024 – summary
How are social insurance contributions for entrepreneurs calculated?
In budget proposal, the government forecasts average monthly salary for the next year. It is announced in the Polish Monitor by the Minister of Family and Social Policy by the end of the preceding year.
Based on the forecasted average monthly salary, you can calculate social insurance contributions for entrepreneurs for the next year. The basis of ZUS contributions for entrepreneurs is 60% of the forecasted average monthly salary.
What are the forecasts for the average salary?
From 1 January 2024, the average monthly salary will increase to 7824 PLN. This means it will be 12.8% higher than the average monthly salary in 2023. The value of social insurance contributions for entrepreneurs will increase proportionally.
The average monthly salary has been increasing each year, as shown in the table below:
| 2014 | 3783,46 PLN |
| 2015 | 3899,78 PLN |
| 2016 | 4047,21 PLN |
| 2017 | 4271,51 PLN |
| 2018 | 4585,03 PLN |
| 2019 | 4918,17 PLN |
| 2020 | 5167,47 PLN |
| 2021 | 5662,53 PLN |
| 2022 | 6346,15 PLN |
| 2023 | 7368,97 PLN |
What will be the amount of social insurance contributions in 2024 for entrepreneurs?
As mentioned above, the basis for calculating social insurance contributions for entrepreneurs is 60% of the forecasted average monthly salary.
According to calculations, the basis for determining disability, sickness, accident and pension insurance contributions in 2024 will be 4694,40 PLN.
Therefore, ZUS contributions for entrepreneurs in 2024 will amount to 1600.27 PLN. This means that there will be an increase of 181.79 PLN per month compared to 2023.
| Type of contribution | 2023 | 2024 |
| Pension contribution | 812.23 PLN | 916.35 PLN |
| Disability pension contribution | 332.88 PLN | 375.55 PLN |
| Sickness contribution | 101.94 PLN | 115.01 PLN |
| Accident contribution | 69.49 PLN | 78.40 PLN |
| Labour Fund | 101.94 PLN | 115.01 PLN |
| In total | 1418,48 PLN | 1600,27 PLN |
The above values do not include health insurance contribution. It is calculated separately, depending on the chosen tax form.
Social insurance contributions in 2024 – what will be the value of health insurance contribution for entrepreneurs settling on a tax scale or flat tax?
The health insurance contribution within ZUS for entrepreneurs settling on a tax scale or flat tax in 2024 will be at least 381.78 PLN. These groups of entrepreneurs will pay at least a total of 1982.05 PLN per month. This amounts to a minimum of 23 784.60 PLN annually.
You should note that there are no upper limits for health insurance within ZUS for entrepreneurs settling on a tax scale or flat tax. This means that the more entrepreneur earns, the higher is the value of the contribution.
Social insurance contributions in 2024 – what will be the value of health insurance contribution for entrepreneurs settling on a lump sum?
Entrepreneurs settling on a lump sum will know the value of health insurance contribution only in January 2024. The basis for its calculation is the average monthly salary from the fourth quarter.
If the forecasted average monthly salary in the fourth quarter would be 7400 PLN, social insurance contributions for entrepreneurs settling on a lump sum basis would amount to:
| Annual revenue | Health insurance contribution |
| Up to 60 000 PLN | 399,60 PLN per month |
| Between 60 000 PLN and 300 000 PLN | 666 PLN per month |
| Above 300 000 PLN | 1198 80 PLN per month |
Entrepreneurs settling on a lump sum will, therefore, pay between 2000 PLN and 2800 PLN per month.
Effects of the increase in social insurance contributions in 2024 for entrepreneurs?
The increase in ZUS contributions for entrepreneurs in 2024 may significantly impact prices. This is an important component that affects their height.
Increased contributions may limit employment or hinder salary growth.
Social insurance contributions in 2024 – summary
ZUS contributions for entrepreneurs are calculated based on the forecasted average monthly salary. With its increase, the amount of ZUS contributions for entrepreneurs also increases. Individuals running a business will pay almost 182 PLN more per month in 2024 than in 2023. You should also remember about the health insurance contribution. It is calculated separately, depending on the chosen form of taxation.
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