Ivan Yates
Ceist:132 Mr. Yates asked the Minister for Social Welfare the cost, in a full year, of reducing employers' PRSI by 1 per cent, 2 per cent, 3 per cent, 4 per cent and 5 per cent.
Vol. 430 No. 5
132 Mr. Yates asked the Minister for Social Welfare the cost, in a full year, of reducing employers' PRSI by 1 per cent, 2 per cent, 3 per cent, 4 per cent and 5 per cent.
The estimated costs, in a full year, of reducing the employers' PRSI contribution by 1 to 5 per cent are as follows:
Reduce by |
To |
Cost |
1 per cent |
11.2 per cent |
£85.1m |
2 per cent |
10.2 per cent |
£170.2m |
3 per cent |
9.2 per cent |
£255.3m |
4 per cent |
8.2 per cent |
£340.4m |
5 per cent |
7.2 per cent |
£425.5m |