Understanding SVS Contributions – The Calculation after the Third Year

In this article, we explain:

• Preliminary calculation of the SVS contributions during the first three years

• Preliminary calculation of the SVS contributions after the third year

• Final calculation after the fourth year and recalculation of the social insurance contribution

• Voluntary payment of higher contributions

• Reduction of the provisional contribution Basis

One of the most significant challenges faced by self-employed individuals in Austria, and indeed one of the most daunting financial obstacles, is the recalculation of social security contributions after the third year of business. In my experience, this issue often comes from a lack of understanding of the system, which subsequently results in a failure to adequately plan for the future. 

So, let's delve deeper into this topic and try to prevent any unpleasant surprises down the road.

Preliminary calculation of the SVS contributions during the first three years

Want to read more?

Subscribe to self-employed.at to keep reading this exclusive post.

Subscribe Now