Paul Donnelly
Question:476. Deputy Paul Donnelly asked the Minister for Social Protection the estimated yield if the employers’ PRSI rate of 11.05% increased to 14% on the portion of wages in excess of €200,000. [54762/23]
View answerDáil Éireann Debate, Tuesday - 12 December 2023
476. Deputy Paul Donnelly asked the Minister for Social Protection the estimated yield if the employers’ PRSI rate of 11.05% increased to 14% on the portion of wages in excess of €200,000. [54762/23]
View answerThe estimated additional yield that would be raised by increasing the employer PRSI rate of 11.05% to 14% on the portion of wages in excess of €200,000 would be €110 million in full-year terms.
This estimate does not take into account any possible changes in employer behaviour arising from increasing the rate of employer PRSI contribution.