05/12/2013

- NOTICE TO EMPLOYERS -  Employer PRSI Increase

NOTICE TO EMPLOYERS

Employer PRSI Increase

We would like to draw your attention an important change in PRSI rates.  The rate of employer PRSI applying to weekly earnings of €356 or less was temporarily halved from 8.5% to 4.25% from 1 July 2011 as part of the Jobs Initiative.  This reduction in rate expires on 31 December 2013.
Employer PRSI will therefore return to 8.5% on weekly earnings of €356 or less with effect from January 1st 2014.  The 4.25% rate will no longer apply.
There is no change in the employer PRSI rate of 10.75% applying to earnings over €356 per week
If you have any questions on the above, please do not hesitate to contact us.

 


Yours faithfully


Frank Lynch & Co.

 

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