Written answers

Tuesday, 12 December 2023

Department of Employment Affairs and Social Protection

Tax Yield

Photo of Paul DonnellyPaul Donnelly (Dublin West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

476. To ask the Minister for Employment Affairs and Social Protection the estimated yield if the employers’ PRSI rate of 11.05% increased to 14% on the portion of wages in excess of €200,000. [54762/23]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The estimated additional yield that would be raised by increasing the employer PRSI rate of 11.05% to 14% on the portion of wages in excess of €200,000 would be €110 million in full-year terms.

This estimate does not take into account any possible changes in employer behaviour arising from increasing the rate of employer PRSI contribution.

Comments

No comments

Log in or join to post a public comment.