Written answers
Wednesday, 22 January 2025
Department of Employment Affairs and Social Protection
Tax Data
Alan Kelly (Tipperary North, Labour)
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844. To ask the Minister for Employment Affairs and Social Protection the estimated additional revenue that would be generated if the 11.05% employer's PRSI rate was increased to 13.5% on the portion of wages in excess of €160,000. [46284/24]
Heather Humphreys (Cavan-Monaghan, Fine Gael)
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The estimated additional annual revenue that would be generated if the higher employer PRSI rate, currently at 11.15%, was increased to 13.5% on the portion of wages in excess of €160,000 is €194.3 million per annum.
This 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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