Dáil Éireann debate -
Tuesday, 11 May 1993

Vol. 430 No. 5

Written Answers. - Reduction of Employers' PRSI.

Ivan Yates

Question:

132 Mr. Yates asked the Minister for Social Welfare the cost, in a full year, of reducing employers' PRSI by 1 per cent, 2 per cent, 3 per cent, 4 per cent and 5 per cent.

Minister for Social Welfare (Dr. Woods)

The estimated costs, in a full year, of reducing the employers' PRSI contribution by 1 to 5 per cent are as follows:

Reduce by	To	Cost
1 per cent	11.2 per cent	£85.1m
2 per cent	10.2 per cent	£170.2m
3 per cent	9.2 per cent	£255.3m
4 per cent	8.2 per cent	£340.4m
5 per cent	7.2 per cent	£425.5m