Written answer
Tax Data
844. Deputy Alan Kelly asked the Minister for Social Protection the estimated additional revenue that would be generated if the 11.05% employer's PRSI rate was increased to 13.5% on the portion of wages in excess of €160,000. [46284/24]
Comment on this
The estimated additional annual revenue that would be generated if the higher employer PRSI rate, currently at 11.15%, was increased to 13.5% on the portion of wages in excess of €160,000 is €194.3 million per annum.
This estimate does not take into account any possible changes in employer or employee behaviour arising from changing the rate of employer PRSI contribution.
I trust this clarifies the matter for the Deputy.