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Measure Name
Date when measure came into force
SSC employees - base changes 2014/01/01
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Generic Tax Name Social security contribution - Pay related social insurance (Employees)
Tax name in the national language Pay Related Social Insurance
Tax name in English Pay Related Social Insurance
Member State IE-Ireland
Tax in force since 1953/01/01
If abolished, date on which the tax ceases to apply
Business version date 2015/01/01
Version date 2015/02/17
This file was last updated on

Type of tax
Direct taxes Personal income tax
Corporate income tax
Other

Indirect taxes VAT
Excise duty (EU harmonised)
Alcoholic beverages
Energy products and electricity
Manufactured tobacco
Other

Social security contribution Employers
Employees
Other
 
Legal base

Social Welfare (Consolidation) Act 2005.

 
Who sets
The tax rate is set by




The tax base is set by




The reliefs are set by




Comments
 
Beneficiary





Comments

Social security contributions are paid into a single social insurance fund by employees, employers and the self-employed. The fund covers the cost of accrued benefit entitlements for employees and self-employed (with subvention by the Exchequer if required).

 
Geographical Scope Ireland.
 
Taxpayers
The base or rate of social security contributions paid by Employees on the income of employees and of blue collar workers Rates are identical
Bases are identical

Comments

Domestic-source income of non-residents is Subject to SSCer
Not Subject to SSCer

Comments


Comments

Social security contributions are paid into a single social insurance fund by employees, employers and the self-employed. The fund covers the cost of accrued benefit entitlements for employees and self-employed (with subvention by the Exchequer if required).

 
Tax object and basis of assessment
Employees pay social security contributions for








Comments

Base for all contributions listed here above is the same Yes No

As general rule, the income subject to Social Security Contributions of Employees includes























Comments

Certain income from employees above which isn't treated as income from employment is subject to self-employed PRSI contributions.

In 2014 unearned income became liable for PRSI. Unearned income from rents, investments, dividends and interest on deposits and savings will be liable to PRSI at 4% from 1 January 2014. People under 16 and over 66 remain exempt from PRSI and are not liable for the new charge.


Income considered Domestic income
Worldwide income
Comments

Benefits in kind

The following benefits in kind are usually (partially or fully) subject to social security contributions paid by Employees












Comments


Comments

In the case of employees - reckonable income from insurable employment including benefit in kind.

 
Deductions, Allowances, Credits, Exemptions
Capped contributions No cap
Cap in monetary units:
Cap in % of the tax base:

Reduction

The reduction is
No reduction
A lump-sum amount
In percentage of base:
     
Based on salary
Capped
Comments

The cap/ceiling on employee PRSI contributions was abolished from 1st January 2011.


Allowances
The basic yearly allowance for an individual amounts to:
The basic yearly allowance for a couple amounts to:
Additional allowance for 1st child
Additional allowance for 2nd child
Additional allowance for 3rd child
Additional allowance for additional child
Additional allowance for old age dependents
Comments

Weekly PRSI free allowance of €127 has been abolished from 1 January 2013.


Credits
The basic yearly credit for an individual amounts to:
The basic yearly credit for a couple amounts to:
Additional credit for 1st child
Additional credit for 2nd child
Additional credit for 3rd child
Additional credit for additional child
Additional credit for old age dependents

Social Security Contributions paid by Employees are tax deductible Yes No


Comments

Employees: Lower rates for low paid, relief on lump sum termination payments subject to certain limits, not payable by employees over 66, certain employments accepted e.g. employment in service of husband or wife, public servants recruited prior to 1995 pay lower rates in conjunction with reduced benefit entitlements.

 
Rate(s) Structure
The following rates apply to Social Security Contributions paid by Employees
Pensions

Health care

Unemployment

Child care

Work-related illnesses and/or accidents

Education leave

Maternity leave

Others

Comments

Rate structure reflects a total rate and is not split into rates per benefit type. In general employees earning less than €352 per week pay no PRSI. Where weekly income exceeds €352 a rate of 4% applies (= Class 4).


Special surcharges

There are special surcharges in the form of:
Surcharge 1 : Name:
A lump-sum amount:
A percentage of income:
A tax surcharge:
Comments

No surcharges.




Comments
 
Tax due date

N/A

 
Tax collector

Collector General in most cases. Certain special collections administered by Dept. of Social Protection.

 
Special features

For PRSI Class structure and rates please see the following link http://www.citizensinformation.ie/en/social_welfare/irish_social_welfare_system/social_insurance_prsi/social_insurance_classes.html

 
Economic function







Comments
 
Environmental taxes



Comments
 
Tax revenue
ESA95 code d6112

Year
Annual tax revenue (millions)
Currency
Tax revenue as % of GDP
Tax revenue as % of total tax revenue
2012 1,866.00 EUR 1.07
2011 2,080.00 EUR 1.20
2010 3,849.00 EUR 2.32
2009 3,721.00 EUR 2.20
2008 3,350.00 EUR 1.79
2007 3,219.00 EUR 1.63
2006 2,924.00 EUR 1.58
2005 2,812.00 EUR 1.65
2004 2,518.00 EUR 1.61
2003 2,208.00 EUR 1.51
2002 1,979.00 EUR 1.46
2001 1,774.00 EUR 1.46

Comments

Tax Revenue above is the amount of actual social contributions which relates to employee social contributions (d6112). The reduction between 2010 and 2011 revenue reflects the abolition in 2011 of the Health Contribution which had been collected as part of the PRSI system prior to that.

There was a classification error in 2011, where money that should have been allocated to Income Tax/USC was allocated to social contributions. This lead to 2011 receipts for social contributions being overstated. In 2012, the social contributions were understated as the receipts were allocated back to Income Tax to make up for the classification error of 2011. This descibes the difference between 2011 and 2012 reciepts 

Tax revenue for d6112 and d611 are shown below.

Year

d6112

d611

2012 

1,866 

7,069 

2011

2,080

7,863

2010

3,849

9,084

2009

3,721

9,333

2008

3,350

9,652

2007

3,219

9,425

2006

2,924

8,501

2005

2,812

7,627

2004

2,518

6,899

2003

2,208

6,206

2002

1,979

5,761

2001

1,774

5,291