Written answers

Wednesday, 16 October 2013

Department of Finance

Social Insurance Rates

Photo of Tom FlemingTom Fleming (Kerry South, Independent)
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6. To ask the Minister for Finance if he will give consideration to reducing employer PRSI in view of the fact that it will greatly assist in maintaining existing jobs and in creating thousands of new jobs throughout the country; and if he will make a statement on the matter. [43726/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The position is that it is the standard practice for the Minister for Finance to review all tax expenditures and reliefs including PRSI in the run up to annual Budget. On foot of the reviews carried out by my Department, yesterday I announced in my Budget Speech a package of 25 measures costing over €500m to promote jobs and growth. I believe that these measures will assist new business and small business and provide support for employers in almost every sector.

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