Dáil Éireann díospóireacht -
Thursday, 16 Dec 1993

Vol. 437 No. 4

Written Answers. - PRSI Reduction Costs.

Richard Bruton

Ceist:

88 Mr. R. Bruton asked the Minister for Social Welfare the cost of reducing employer's PRSI to 6 per cent on all incomes up to £12,000 with sliding scale relief up to £14,000 above which the 12.2 per cent rate would apply up to the current ceiling.

Minister for Social Welfare (Dr. Woods)

It is estimated that the cost of reducing employers' PRSI to 6 per cent on incomes up to £12,000 with a sliding scale to £14,000 would be in the region of £240 million annually.