Dáil Éireann Debate, Tuesday - 2 December 2014
145. Deputy Michael McGrath asked the Tánaiste and Minister for Social Protection if PRSI has to be paid on the interest income from the State savings scheme products administered by An Post; and if she will make a statement on the matter. [46100/14]
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.
In general, the rules which apply to income for taxation purposes also apply to income for the purposes of charging PRSI. Therefore the income on which PRSI is applied will, in general, be the same as that for the charging of tax.
