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What is excluded from reckonable income?

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The following types of income are not considered when we work out your PRSI contribution:

 • capital allowances,

 • approved superannuation contributions for self-employed people who pay their income tax under the PAYE system,

 • any social welfare payments or benefits,

 • Infectious Diseases Maintenance Allowance or Mobility Allowance paid by the Health Service Executive,

 • occupational pensions,

 • any payments to:

  • officers belonging to the Dáil or Seanad
  • members of the European Parliament
  • judges
  • State officers such as, Labour Court members, the Comptroller and Auditor General, the Harbour Commissioners, etc.,

 • any income continuance payments received by a person forced to leave employment due to illness, as long as the Revenue have approved the scheme,

 and

 • redundancy payments, 'golden hand shake' payments and early retirement bonuses.

Last Updated: 25/11/2010 14:35

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