Pay-related social insurance (PRSI) is levied at the following rates.

Employee PRSI

If you earn €352 or less per week, your earnings are exempt from PRSI.

If you earn above €352 per week, PRSI does not apply to the first €127 but applies at 4% to the balance, up to a ceiling of €75,036 in the tax year.

If you earn €500 or less per week, your earnings are not liable to the health levy (see below).

Therefore, if you earn between €352 and €500 per week, you have a contribution rate of 4% PRSI (but not levies) on earnings above €127 per week.

If you earn between €500 and €1,443 per week, you have a contribution rate of 8% comprised of 4% PRSI and 4% health levy. If you earn more than €1,443 per week (€75,036 per annum) your PRSI ceases and you pay 5% health levy – see below).

Employer PRSI

You must pay 8.5% on employee earnings of €356 or less per week. This includes a 0.7% training levy.

You must pay 10.75% on employee earnings of more than €356 per week, with no ceiling.

Self-employed PRSI

Your income is liable at 3% with no ceiling. The minimum contribution is €253 per year.

Health levy (employees, self-employed)

If you earn €500 or less per week, i.e., €26,000 per year, your income is not liable to the health levy.

If you earn more than €500 per week, your income is liable at 4% with no ceiling.

If you earn more than €1,443 per week (€75,036 per annum), your income is liable at 5%.

Income levy (employees, self-employed)

Since 1 January 2010, an income levy applies as follows:

If your income is less than €15,028, you are not caught. The levy applies to your gross income before capital allowances and pension contributions. Certain social welfare type payments do not count as income.