Dáil Éireann Debate, Wednesday - 29 September 2010
1231 Deputy Michael Noonan asked the Minister for Social Protection the projected revenue forgone in 2011 of a 2% cut in the standard 10.75% rate of employers’ PRSI up to €40,000 in earnings; and if he will make a statement on the matter. [33972/10]
Amharc ar fhreagra1232 Deputy Michael Noonan asked the Minister for Social Protection the projected revenue foregone in 2011 of a halving of the lower 8.5% rate of employers’ PRSI; and if he will make a statement on the matter. [34000/10]
Amharc ar fhreagraI propose to take Questions Nos. 1231 and 1232 together.
The projected PRSI forgone from the above measures, on a full year basis, is detailed in the following table:
|
€m |
|
|
2% reduction in 10.75% rate to €40,000 |
429 |
|
Reduce 8.5% rate to 4.25% |
232 |
