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Dáil
‹ Ceisteanna—Questions. Oral Answers. - Social Welfare Contributions.

Shareholder social welfare contributions

Summary

The Minister said an employed shareholder is generally insurable, unless holding a controlling interest; pay level is irrelevant. He declined to advise on the specific 49 per cent example.

asked the Minister for Social Welfare if a person earning less than £3,000 p.a., but who is also a shareholder in the firm with whom he is employed, is obliged to pay social welfare contributions.

Comment on this

A person who is insurably employed is obliged to pay social welfare contributions.

Normally a shareholder of a firm holding office under a contract of service with that firm is insurable under the Social Welfare Acts. If, however, the shareholder has a controlling interest in the firm the employment is not insurable.

The rate of remuneration payable does not affect the question of insurability under the Acts.

Comment on this

Would a person with a minority shareholding of, say, 49 per cent still be obliged to contribute?

Comment on this

I cannot advise the Deputy's constituents. I can only tell them what the law is in the matter.

Comment on this