Self-employed
This covers self-employed people, including certain company directors, and certain people with income from investments and rent.
Subclass SO
| Weekly pay Band |
How much of Weekly Pay |
All Income from Self-Employment |
|
Up to €500 inclusive
|
All
|
4.0%
|
Subclass S1
| Weekly pay Band |
How much of Weekly Pay |
All Income from Self-Employment |
|
More than €500
|
All
|
4.0%
|
Subclass S2(See note)
| Weekly pay Band |
How much of Weekly Pay |
All Income from Self-Employment |
|
More than €500
|
All
|
4.0%
|
Note: As a result of the Budget changes, Subclass S2 no longer exists but has been retained in this guide so that significant changes to payroll systems are not required in moving from 2010 to 2011.
No need to change the PRSI subclass to account for the abolition of the Health Contribution. This means that, those paying subclasses S1 or S2 in 2010 will continue to pay the same subclass in 2011 (assuming their wages remain the same).