Written answers
Tuesday, 25 September 2018
Department of Employment Affairs and Social Protection
Social Insurance Yield
Pearse Doherty (Donegal, Sinn Fein)
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464. To ask the Minister for Employment Affairs and Social Protection the estimated revenue which would be raised by introducing an employer PRSI rate of 15.75% on the portion of salaries above €100,000. [38408/18]
Regina Doherty (Meath East, Fine Gael)
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The information requested by the Deputy is contained in the following table.
| Increased Revenue (full year) | Employments affected | |
|---|---|---|
| New employers’ rate of pay related social insurance of 15.75% on the portion of salary paid in excess of €1,923 per week | €376.04m | 242,959 |
These estimates are based on PRSI Class A contributors. They use the latest available data and reflect macro-economic indicators for 2019. It should be noted that these estimates do not take into account any possible changes in employer behaviour arising from changing rates of contribution.
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