Dáil Éireann Debate, Tuesday - 29 January 2013
430. Deputy Róisín Shortall asked the Minister for Social Protection if it is her intention from 2014 to impose PRSI on State savings bond and certificates, on State prize bonds and on other such accounts where interest currently accrues on a tax-free basis; and if she will outline her full plans regarding same. [4132/13]
View answerIn Budget 2013 the Minister for Finance announced that, with effect from 2014, PRSI will be payable on income generated from wealth such as rental income, investment income, dividends and interest on deposits and savings. It is not possible at this early stage to provide details of the impact of the measure on different forms of income. However, in general, the rules which apply to income for taxation purposes also apply to income for the purposes of charging PRSI.
