The 4% PRSI charge on unearned income introduced from 2014 is normally at
Class K and confers no entitlement to SW benefits. It appears that Class S
applies where the payee's only source of income is unearned income, judging by
example 3 on this page:
https://www.welfare.ie/en/Pages/Inf...ion-of-PRSI-Liability-to-Unearned-Income.aspx
But it doesn't state which rules or legislation applies and there is no other
reference to it on the page. I'm in this situation so am interested in checking
how my PRSI has been recorded for the last three years.
Regards,
dub_nerd.