PRSI Changes For 2007
Employees Annual Earnings Ceiling
The employees
annual earnings ceiling (above which they pay
no social insurance contributions) has increased from 46,600 to €48,800.
Employee Income Thresholds Changes
- The threshold for employee
PRSI has increased from €300 a week to €339 a week.
- The threshold for payment of the 2% Health Contribution has increased from €440 a week to €480 a week.
- The annual earnings threshold for the Health Contribution has increased from €22,880 to €24,960.
Additional Health Contributions
An additional 0.5% Health Contribution has been introduced on earnings exceeding €1,925 per week (equivalent to €3,850 per fortnight and to €8,342 per month).