Social Welfare Consolidation Act 2005 section 13

Employment contributions

Section 13 sets out the rules for PRSI contributions payable by employees and employers, including contribution rates, earnings thresholds, tapered credits, and provisions for recovering contributions from employees.

• Employees earning €352 or less per week pay no PRSI; those earning between €352.01 and €424 pay at a tapered rate; those earning over €424 pay 4.1% of reckonable earnings
• Employers pay 7.9% on reckonable earnings up to €552 per week, and 10.15% on earnings exceeding €552
• The employer is primarily liable to pay both contributions, but may recover the employee's share by deduction from remuneration
• Special rules apply to share option gains, certain exempt employments, and agreements with Revenue for grossed-up payments