The Luxembourg Government has announced that the minimum and maximum social security contribution basis has been set for the year starting 1 January 2021. This includes that the standard monthly minimum basis is set at EUR 2,201.93 (EUR 26,423.16 minimum annual basis) and the standard monthly maximum basis is set at EUR 11,009.65 (EUR 132,115.80 maximum annual basis). In addition, for the dependency insurance contribution, which is levied on gross professional income without a maximum…