Written answers

Tuesday, 21 November 2023

Department of Employment Affairs and Social Protection

Social Insurance

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats)
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340. To ask the Minister for Employment Affairs and Social Protection the estimated full-year yield that would be generated by raising by 0.2% rate of employers' PRSI. [50930/23]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
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The estimated additional full-year yield that would be generated by raising both the lower and higher employer PRSI class A rates by 0.2% to 9% and 11.25% respectively is €216 million.

These estimates do not take into account any possible changes in employer behaviour arising from changing the rate of employer PRSI.

I trust this clarifies the matter for the Deputy.

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