PRSI contribution rates and user guide from 1 January 2017


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Calculation of the Class A PRSI Credit 

  • Class A employee PRSI is calculated at 4% of gross weekly earnings.

  • For gross earnings between €352.01 and €424 in a week, the 4% PRSI charge is reduced by the PRSI Credit.

  • The amount of the PRSI Credit depends on your gross weekly earnings.

  • At gross weekly earnings of €352.01, the maximum PRSI Credit of €12.00 per week applies.

  • For earnings between €352.01 and €424 (sub-classes AX and AL), the maximum weekly PRSI Credit of €12.00, is reduced by one-sixth of earnings in excess of €352.01.

  • The following example shows how to calculate the PRSI Credit and the new PRSI charge, for gross weekly earnings of €377. 
 

1. PRSI Credit:           

    Maximum PRSI Credit
    One-sixth of earnings in excess of €352.01
    (377.00 – 352.01 = 24.99/6)
    Reduced PRSI Credit

 

 €12.00

(€ 4.17)
  € 7.83

2. PRSI @ 4%  €15.08
3. Less : Reduced PRSI Credit    € 7.83
   2017 weekly PRSI Charge   € 7.25
 

 

Note: The calculation of the PRSI charge, and accordingly the PRSI Credit is based on weekly earnings.

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For illustrative purposes only, the following sets out the new PRSI charge for Class A employees, at €5 intervals for gross weekly earnings between €352.01 and €424.

 
Class A PRSI charge for gross earnings between €352.01 and €424
  1. Calculate PRSI Credit 2. PRSI at 4% New PRSI Charge
Gross weekly earnings (€) Gross
earnings in
excess of
€352.01
(€)
1/6th of Gross
earnings in
excess of
€352.01
(€)
Maximum
PRSI credit
(€)
PRSI credit
(€)
Class A PRSI
at 4%
(€)
PRSI charge
(4% charge less
PRSI credit)
(€)
  A B
(A/6)
C D
(C-B)
E E-D
352.01 0.00 0.00 12.00 12.00 14.08 2.08
355.00 2.99 0.50 12.00 11.50 14.20 2.70
360.00 7.99 1.33 12.00 10.67 14.10 3.73
365.00 12.99 2.17 12.00 9.84 14.60 4.77
370.00 17.99 3.00 12.00 9.00 14.80 5.80
375.00 22.89 3.83 12.00 8.17 15.00 6.83
380.00 27.99 4.67 12.00 7.34 15.20 7.87
385.00 32.99 5.50 12.00 6.50 15.40 8.90
390.00 37.99 6.33 12.00 5.67 15.60 9.93
395.00 42.99 7.17 12.00 4.84 15.80 10.97
400.00 47.99 8.00 12.00 4.00 16.00 12.00
405.00 52.99 8.83 12.00 3.17 16.20 13.03
410.00 57.99 9.67 12.00 2.34 16.40 14.07
415.00 62.99 10.50 12.00 1.50 16.60 15.10
420.00 67.99 11.33 12.00 0.67 16.80 16.13
424.00 71.99 12.00 12.00 0.00 16.96 16.96
 

  

 
Subclass AO
​Weekly pay Band
(See note below)
How much of weekly pay​ All income
Employee
All income
Employer
​€38 - €352 inclusive
All​
Nil​
8.50%​
 

 

 
Subclass AX
​Weekly pay Band
(See note below)
How much of weekly pay​ All income
Employee​
All income
Employer
€352.01 - €376 inclusive
All​
4.00%​
8.50%​
 

 

 
Subclass AL
​Weekly pay Band
(See note below)
How much of weekly pay​ All income
Employee​
All income
Employer
€376.01 - €424 inclusive
All​
4.00%​
10.75%​
 

 

 
Subclass A1
​Weekly pay Band
(See note below)
How much of weekly pay​ All income
Employee​
All income
Employer
More than €424
All​
4.00%​
10.75%​
 

Note: Share-based remuneration may in certain circumstances be subject to employee PRSI. Employer's PRSI is not chargeable on share-based remuneration.

 

Community Employment participants only

 
Subclass A8
​Weekly pay Band How much of weekly pay​ All income
Employee​
All income
Employer
Up to €352 inclusive
All​
Nil​
0.50%​
 

 

 
Subclass A9
​Weekly pay Band How much of weekly pay​ All income
Employee​
All income
Employer
More than €352 *
All​
4.00%​
0.50%​
 

 

 

Total PRSI: Calculate the employer and employee deductions separately and then add them together.

 

* PRSI credit applies on earnings up to €424.

Last modified:20/01/2017