Income Taxes
Retirement Planning
Social Security

How much is social security tax?

Answer

Wiki User
07/18/2010

In the UK you do not pay tax on social security benefit.

In the USA the Social Security tax is levied equally on employees and employers. It is about 7.65% on each. The tax is limited to a certain dollar amount each year for highly paid workers. Self-employed people have to pay in both halves (15.3%).