PRSI, along with tax and USC is collected by the Office of the Revenue Commissioners through the PAYE tax system.
From 1 January 2019 the Revenue Commissioners will launch their new PAYE Modernisation project. I understand that PAYE Modernisation has an objective of streamlining current business processes and reducing the administrative burden currently experienced by employers to meet their PAYE reporting obligations.
The main changes under the PAYE Modernisation project will affect how employers report payroll deductions to the Office of the Revenue Commissioners which collects PRSI on behalf of the Department. While the availability of more timely and accurate information will be of benefit to the Department is not anticipated at this point that there will be savings or staff reductions in the Department of Employment Affairs and Social Protection as a result.