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Social Insurance Yield

Dáil Éireann Debate, Tuesday - 25 September 2018

Tuesday, 25 September 2018

Questions (464)

Pearse Doherty

Question:

464. Deputy Pearse Doherty asked the Minister for Employment Affairs and Social Protection the estimated revenue which would be raised by introducing an employer PRSI rate of 15.75% on the portion of salaries above €100,000. [38408/18]

View answer

Written answers

The information requested by the Deputy is contained in the following table.

Increased Revenue (full year)

Employments affected

New employers’ rate of pay related social insurance of 15.75% on the portion of salary paid in excess of €1,923 per week

€376.04m

242,959

These estimates are based on PRSI Class A contributors. They use the latest available data and reflect macro-economic indicators for 2019. It should be noted that these estimates do not take into account any possible changes in employer behaviour arising from changing rates of contribution.

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