Written answers
Monday, 11 September 2017
Department of Employment Affairs and Social Protection
Social Insurance Yield
Tommy Broughan (Dublin Bay North, Independent)
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1909. To ask the Minister for Employment Affairs and Social Protection the estimated additional revenue that would be generated if the higher rate of PRSI of 10.75% was increased to 12.75% for persons earning over €110,000; and if she will make a statement on the matter. [38651/17]
Regina Doherty (Meath East, Fine Gael)
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The estimated additional revenue that would be generated if the higher rate of PRSI of 10.75% was increased to 12.75% for persons earning over €110,000 is €119m.
This estimate is based on the latest available data and reflects macro-economic indicators for 2018 only. It should be noted that the estimates do not take possible changes in behaviour arising from increasing the rates of contribution into account.
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