PRSI

Class A (Normal rate at which contributions are made)   Employee's income chargeable as below: Employee Employers Rate Tax Year 2009 (From 1st May) Income up to €75,036 Over €75,036 8% (incl 4% Health Contribution) 5% (Health Contribution) 10.75% 10.75% Tax Year 2009 ( 1st Jan - 30th April) Income up to €52,000 From €52,000 to €100,100   Over €100,100 6% (incl 2% Health Contribution) 2% (Health Contribution) 2.5% (Health Contribution) 10.75%   10.75%   10.75% Tax Year 2008 Income up to €50,700 From €50,700 to €100,100   Over €100,100 6% (incl 2% Health Contribution) 2% (Health Contribution) 2.5% (Health Contribution) 10.75%   10.75%   10.75%   Employees are exempt from PRSI on the first €127 per week or €26 per week for employees on a modified PRSI rate. Employees earning €352 or less per week are exempt from PRSI and Health Contribution. However, where earnings exceed €352 per week, the employee’s PRSI Free Allowance remains at €127 per week or €26 per week for employees on a modified PRSI rate. Employees earning €500 or less per week are exempt from the Health Contribution of 2%.   Non-Cash Benefits:From January 2004 onwards, PRSI will apply to non-cash benefits in the same way as income tax applies. Prior to January 2004, any non-cash benefits that were provided were not liable to PRSI. However, following the changes, employers will have to pay employer’s PRSI (currently 10.75%) on non-cash benefits, regardless of the amount of employee earnings. Furthermore, where the employee’s earnings are below the PRSI threshold, now set at €50,700, employee PRSI charges will also apply. The 2% Health Levy will also now apply to the non-cash benefits.   Note: Recipients of a Social Welfare Widow's or Widower's Pension, Deserted Wife's, Benefit/Allowance or One-Parent Family Payment are exempt from paying the 2% Health Contribution. All Medical Card holders (including people age 70 or over, from 1 July 2001) are also exempt from this contribution.       PRSI & Health Contributions - Self-Employed   Class S (Self Employed)     Total Tax Year 2009 Income up to €75,036 - 3% PRSI and 3.333% Health Contribution Income from €75,036 to €100,100 - 3% PRSI and 4% Health Contribution Income over €100,100 - 3% PRSI and 4.167% Health Contribution 6.333% 7% 7.167% Tax Year 2008 Income up to €100,100 - 3% PRSI and 2% Health Contribution Income over €100,100 - 3% PRSI and 2.5% Health Contribution 5% 5.5%   Self employed persons are exempt from Health Contribution of 2% where the annual income is less than €26,000. The minimum annual PRSI contribution is €253.

Disclaimer: Whilst every effort has been made to ensure the accuracy and reliability of the information published within this website, you choose to use this information and rely on any results at your own risk. We will not under any circumstances accept responsibility or liability for any losses that may arise from a decision that you may make from the use of, or reliance on this information.