iCalculator™ LY Libya Social Security Calculator for Social Unity Fund
This calculator for Libya is part of our payroll calculators suite which support salary and income tax calculations in Libya. With this Social Unity Fund Calculator, you can calculate the associated contributions due for Social Unity Fund in Libya based on your annual income in the 2024 tax year, this includes, where appropriate, employee and employer social unity fund contribitions.
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Social Unity Fund in Libya
Social Unity Fund is subject to annual review in Libya and rates and thresholds can change from year to year. The table below defines the associated tax years and tax rates that are integrated into the Libya Income Tax calculators on iCalculator™ LY:
Libya Current and Historic Social Security Rates for Social Unity Fund| Tax Year | Employee Rate | Employer Rate | Combined Rate |
|---|
| 2024 | 1% | 0% | 1% |
| 2023 | 1% | 0% | 1% |
| 2022 | 1% | 0% | 1% |
| 2021 | 1% | 0% | 1% |
| 2020 | 1% | 0% | 1% |
| 2019 | 1% | 0% | 1% |
If you believe any of these rates are incorrect or you would like additional tax years adding to the Libya tax suite then please contact us. All updates and amendments are complementary, we appreciate the support from our community with providing up to date free tax tools for Libya. Note that you can view all tax years for Libya supported by iCalculator™ LY here, this includes all payroll associated taxes and deductions that are applied in Libya.