PRSI Changes For 2008
Employees Annual Earnings Ceiling
The employees annual earnings ceiling (above which no social insurance contribution is paid) has increased from €48,800 to €50,700.
Employee Income Thresholds Changes
- The threshold for employee PRSI has increased from €339 a week to €352 a week.
- The threshold for payment of the 2% Health Contribution has increased from €480 a week to €500 a week.
- The annual earnings threshold for the Health Contribution has increased from €24,960 to €26,000.
Additional Health Contributions
There is no change in the additional 0.5% Health Contribution on earnings exceeding €1,925 a week (equivalent to €3,850 a fortnight and to €8,342 a month).