Dáil Éireann Debate, Thursday - 26 September 2013
125. Deputy Michael McGrath asked the Minister for Social Protection the cost of the reduced rate of PRSI as part of the 2011 jobs initiative in each year since its inception; and if she will make a statement on the matter. [40145/13]
Amharc ar fhreagraThe following are the projected costs at the time of the implementation of the measures in July 2011:
|
Measure |
Yield/Cost 2011 €m |
Yield/Cost Full Year €m |
|
Halving of the lower rate of PRSI until end 2013 on jobs that pay up to €356 per week |
-85 |
In 2012: -190 In 2013: -183 In 2014: -15 |
|
Abolition of employer PRSI on share based remuneration |
-9.5 |
-17.7 in each year thereafter. |
