Written answers
Tuesday, 12 December 2023
Department of Employment Affairs and Social Protection
Tax Yield
Paul Donnelly (Dublin West, Sinn Fein)
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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]
Heather Humphreys (Cavan-Monaghan, Fine Gael)
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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.
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