Written answers

Tuesday, 23 July 2024

Department of Employment Affairs and Social Protection

Social Insurance

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats)
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1313.To ask the Minister for Employment Affairs and Social Protection the estimated yield in 2025 of a new employer’s PRSI rate of 17% on any salaries in excess of €165,000. [31984/24]

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael)
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The estimated full year revenue that would be generated by establishing a new employer PRSI rate of 17% on the full amount of salaries in excess of €165,000 per year is approximately €948 million.

his estimate does not take into account any possible changes in employer or employee behaviour arising from changing the rate of employer PRSI contribution.

I trust this clarifies the matter for the Deputy.

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