iCalculator™ TW Taiwan Social Security Calculator for Labor Insurance Program (Lip)
This calculator for Taiwan is part of our payroll calculators suite which support salary and income tax calculations in Taiwan. With this Labor Insurance Program (Lip) Calculator, you can calculate the associated contributions due for Labor Insurance Program (Lip) in Taiwan based on your annual income in the 2024 tax year, this includes, where appropriate, employee and employer labor insurance program (lip) contribitions.
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Labor Insurance Program (Lip) in Taiwan
Labor Insurance Program (Lip) is subject to annual review in Taiwan 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 Taiwan Income Tax calculators on iCalculator™ TW:
Taiwan Current and Historic Social Security Rates for Labor Insurance Program (Lip)| Tax Year | Employee Rate | Employer Rate | Combined Rate |
|---|
| 2024 | 2.2% | 8.8% | 11% |
| 2023 | 2.2% | 8.8% | 11% |
| 2022 | 2.2% | 8.8% | 11% |
| 2021 | 2.2% | 8.8% | 11% |
| 2020 | 2.2% | 8.8% | 11% |
| 2019 | 2.2% | 8.8% | 11% |
If you believe any of these rates are incorrect or you would like additional tax years adding to the Taiwan 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 Taiwan. Note that you can view all tax years for Taiwan supported by iCalculator™ TW here, this includes all payroll associated taxes and deductions that are applied in Taiwan.