Dáil Éireann Debate, Tuesday - 27 June 2023
421. Deputy Richard Boyd Barrett asked the Minister for Social Protection the full-year revenue that would be generated by increasing the 11.05% employer's PRSI rate to 13.05% on salaries paid below €90,000 per year; and if she will make a statement on the matter. [31001/23]
View answerThe estimated full year revenue that would be generated by increasing the 11.05% employers PRSI rate to 13.05% on salaries paid below €90,000 per year and leaving the current rate of 11.05% for those earning over €90,000 per year is approximately €1.574 billion.
This estimate does not take into account any possible changes in employer or employee behaviour arising from changing the rate of employer PRSI contribution.
I trust this clarifies the matter for the Deputy.
