Willie Penrose (Longford-Westmeath, Labour)
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235. To ask the Minister for Employment Affairs and Social Protection the estimated amount it would cost if the entry threshold for class A PRSI increased from €38 to €100; and if she will make a statement on the matter. [37974/19]

Regina Doherty (Meath East, Fine Gael)
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Increasing the entry threshold for PRSI Class A from €38 to €100 would cost an estimated €11.8m in a full year and affect approximately 109,600 employments.

This estimate is based on PRSI Class A contributions. It uses the latest available data and reflects macro-economic indicators for 2020.

It should be noted that this estimate does not take into account any possible changes in employer or employee behaviour arising from changing the rates of contribution.

I hope this clarifies the matter for the Deputy.