Thomas Pringle (Donegal, Independent)
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516. To ask the Minister for Employment Affairs and Social Protection the estimated additional revenue that would be generated in a full year if the class S PRSI rate increased by 0.6%; and if she will make a statement on the matter. [14302/20]

Heather Humphreys (Cavan-Monaghan, Fine Gael)
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It is estimated that an additional €78 million in revenue would be generated in a full year from an increase to the current Class S rate of PRSI of 4% to 4.6%.

This estimate is based on the latest available data and reflects macro-economic indicators for 2020.

The estimate does not take into account any possible changes in contributor behaviour arising from increasing the rate of contribution.

I trust this clarifies the matter for the Deputy.