Budget 2003 - Changes In PRSI

Employees

• Earnings ceiling for PRSI increased by €1,680 from €38,740 to €40,420 per year.
  (January 2003)

Class P (Optional) Sharefishermen

• Rate of contribution reduced from 5% to 4%.
• PRSI-Free Allowance increased to €2,500 from €1,321.
• Minimum contribution reduced from €253 to €200 per year.
  (January 2003)

Download Budget Factsheet 2003 in PDF