Pearse Doherty (Donegal, Sinn Fein)
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231. To ask the Minister for Employment Affairs and Social Protection the estimated amount it would cost in a full year if the threshold for the lower 8.5% class A rate of employer PRSI was increased from €376 to €400. [16868/18]

Regina Doherty (Meath East, Fine Gael)
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The National Training Fund Levy (NTFL), collected alongside Employer PRSI for Classes A and H, increased by 0.1% from 0.7% to 0.8% from 1 January 2018. This means that Employer rates (combined PRSI and NTFL) for Classes A and H

increased by 0.1% from 1 January 2018.

Currently, Class A employers pay PRSI at the rate of 8.6% where weekly earnings are between €38 and €376. Once weekly earnings exceed €376, the rate of employer PRSI is 10.85%.

The cost to social insurance fund of raising the weekly 8.6% threshold to €400 is provided in the table.

These estimates are based on the latest available data and reflect macro-economic indicators for 2018. It should be noted that the estimates do not take possible changes in employer behaviour arising from changing rate thresholds into account.