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Social Insurance

Dáil Éireann Debate, Thursday - 8 September 2022

Thursday, 8 September 2022

Ceisteanna (1134)

Catherine Murphy

Ceist:

1134. Deputy Catherine Murphy asked the Minister for Social Protection the estimated yield in 2023 from increasing the rate of employer's PRSI from 11.05% to 14.25% on the portion of individual salaries in excess of €155,000. [43194/22]

Amharc ar fhreagra

Freagraí scríofa

The estimated additional revenue in 2023 that would be raised by establishing a new employer PRSI rate of 14.25% on the portion of earnings over €155,000 per year would be €147 million.  

This estimate does not take into account any possible changes in employer behaviour arising from introducing an increased employer contribution rate. 

I trust this clarifies the matter for the Deputy.

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