Employers are sitting ducks when it comes to PRSI

Funding for education budget documents contain more than their fair share of fine print. Buried deep in the announcements last week was the detail of a 0.1 percentage point change in employers PRSI contributions.

The levy is expected to increase further 2019 and 2020 respectively, which would increase the employer PRSI to 10.95% and 11.05% in those years. That mightn’t sound much, but it has a big impact.

Employer PRSI is a tax which is pretty much invisible to everyone except to the employers who must pay it.