Boylan & Dodd Employee's PRSI



Please choose the tax period you are interested in:
Employee's PRSI; Full Rate - 2007 - €€€
"Element" of PRSI Ceiling Rate
PRSI €48,800** 4% on income* over €127 per week**
Health Levy n/a - 2% on all income (once income over €480 per week) - 2.5% on the excess of income over €100,100 per annum where total income is in excess of €1,925 per week (€100,100 per annum).
BIK is liable for PRSI.


Employee's PRSI; Full Rate - 2006 - EURO €€€
"Element" of PRSI Ceiling Rate
PRSI €46,600** 4% on income* over €127 per week**
Health Levy n/a 2% on all income (once income over €440 per week)
BIK is liable for PRSI.


Employee's PRSI; Full Rate - 2005 - EURO €€€
"Element" of PRSI Ceiling Rate
PRSI €44,180** 4% on income* over €127 per week**
Health Levy n/a 2% on all income (once income over €400 per week)
BIK is liable for PRSI.


Employee's PRSI; Full Rate - 2004 - EURO €€€
"Element" of PRSI Ceiling Rate
PRSI €42,160** 4% on income* over €127 per week**
Health Levy n/a 2% on all income (once income over €356 per week)
For the first time, BIK is liable for PRSI.


Employee's PRSI; Full Rate - 2003 - EURO €€€
"Element" of PRSI Ceiling Rate
PRSI €40,420** 4% on income* over €127 per week**
Health Levy n/a 2% on all income* (once income over €356 per week)


Employee's PRSI; Full Rate - 2002 - EURO €€€
"Element" of PRSI Ceiling Rate
PRSI €38,740** 4 % on income* over €127 per week**
Health Levy n/a 2% on all income* (once income over €356 per week)


Employee's PRSI; Full Rate - PRIOR to 2002 - PUNTS
"Element" of PRSI Ceiling
Rate
 Ceiling
Rate
 Ceiling
Rate
2001 - Short Year
2000/2001
1999/2000
             
PRSI £20,905*** 4 % on income* over £100 per week** £26,500 4.5 % on income* over £100 per week** £25,400 4.5 % on income* over £100 per week**
Health Levy n/a 2% on all income* (once income over £280 per week) n/a 2% on all income* (once income over £280 per week) n/a 2% on all income* (once income over £217 per week)


*Income excluding BIK, approved pension payments and from 6th April 2001, payments for medical insurance. **NB** From 2004, the position has changed radically in that BIK is liable to PRSI.

Exemption: For 2007, if you earn less than €339 a week you pay no PRSI. For 2005 back to 2002, if you earn €287 or less per week, you are completely EXEMPT from PRSI.

**Once your salary passes the ceiling, you NO LONGER get the €127 allowance per week and you CEASE to pay PRSI. So for the sake of example, if you earned €48,800 in the first week of January 2007, your annual exemption would only be €127 for the entire tax year of 2007.

*** 2001: takes account of the short year.