Written answers

Tuesday, 29 September 2015

Department of Social Protection

Tax and Social Welfare Codes

Photo of Mick WallaceMick Wallace (Wexford, Independent)
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182. To ask the Tánaiste and Minister for Social Protection her plans to raise the levels of employers' Pay Related Social Insurance; and if she will make a statement on the matter. [33008/15]

Photo of Joan BurtonJoan Burton (Dublin West, Labour)
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Employer PRSI is payable on earnings at the rate of 10.75% in respect of weekly earnings in excess of €356 and at 8.5% on weekly earnings of €356 or less.

The Programme for Government includes a commitment that “there will be no increase in the standard 10.75% rate of employer PRSI”. Another Programme commitment related to the halving of the lower rate of employer PRSI (from 8.5% to 4.25% for a 2 ½ year period from July 2011 to December 2013). This was implemented as part of the Jobs Initiative announced in May 2011 and the rate reverted to 8.5%, as planned, at the beginning of 2014.

Any changes to the rates of employer PRSI or applicable thresholds would have to be considered in a budgetary context.

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