Pay Related Social Insurance Employee PRSI Class A Deducted from wage/salary payments 4% of gross income when earnings exceed €352 per week No deductions for pension contributions

Pay Related Social Insurance Employee PRSI New PRSI credit applies to income between €352.01 and €424. Maximum credit is €12.00 The maximum credit is reduced by one sixth of earnings in excess of €352.01. PRSI is calculated at 4% and PRSI credit is deducted

Pay Related Social Insurance Employer PRSI Paid by employer for employee in addition to salary/wage. Not deducted from employees salary/wage 10.75% of gross income when employees earn in excess of €356 per week 8.5% of gross income when earnings are less than €356 per week

Pay Related Social Insurance Self-employed PRSI Class S 4% on all income No upper ceiling Minimum contribution of €500 per year

Pay Related Social Insurance Self-employed PRSI Individuals excluded from self-employed PRSI: Certain relatives employed by self-employed persons Anyone in receipt of jobseekers benefit Anyone whose gross income is less than €5,000 per year before deduction of capital allowances and pension contributions

Universal Social Charge USC for employees Exempt: An individual whose total income does not exceed €13,000 in a year Benefits that are exempt from BIK Department of Social Protection payments Payments made in lieu of Department of Social Protection payments

Universal Social Charge USC Rate for employees First €12,012 annually (€1,001 monthly, €231 weekly) charged at 1% Next €6,656 annually (€554.67 monthly, €128 weekly) charged at 3% Next €51,376 annually (€4,281.33 monthly, €988 weekly) charged at 5.5% Remainder charged at 8%

Universal Social Charge USC rates for employees Individuals over 70 with income under €60,000 do not pay at the 5.5% or 8% rate Individuals under 70, holding a full medical card, with income under €60,000 do not pay at 5.5% or 8% rate

Universal Social Charge USC for self-employed Exempt An individual whose total income does not exceed €13,000 in a year Benefits that are exempt from BIK Department of Social Protection payments Payments made in lieu of Department of Social Protection payments

Universal Social Charge USC for self-employed Exempt Rent a room relief Childcare services relief Deposit interest subject to DIRT

Universal Social Charge USC for self-employed Paid on all income with no upper ceiling No relief for pension contributions Normal capital allowances are deducted before calculating USC Relief is allowed for payments made under a deed of covenant

Universal Social Charge USC rates for self-employed First €12,012 annually (€1,001 monthly, €231 weekly) charged at 1% Next €6,656 annually (€554.67 monthly, €128 weekly) charged at 3% Next €51,376 annually (€4,281.33 monthly, €988 weekly) charged at 5.5% Remainder charged at 8% 3% surcharge on all income above €100,000 in a year

Universal Social Charge USC rates for self-employed Individuals over 70 with income under €60,000 do not pay at the 5.5% or 8% rate Individuals under 70, holding a full medical card, with income under €60,000 do not pay at 5.5% or 8% rate In both cases, 3% surcharge can apply