Pay-related social insurance (PRSI) is levied at the following rates, for the tax year 2017.

Employee

Exempt: Earning up to €352 per week.

4%: Earnings above €352 per week.

Employer PRSI

8.5%: Earnings up to €376 per week.

10.75%: Earnings above €376 per week.

Self-employed PRSI

4%: All earnings. The minimum contribution is €500 per year.

 

From January 2016, earnings between €352 and €424 per week are subject to a maximum PRSI credit of €12. This is reduced by 1/6th of earnings in excess of €352.