Hi
Im self employed but earnings are under the threshold for paying PRSI therefore I can chose to opt out this year (2009 return) and save myself €253.
My question is should I think about paying it - I know it covers dental (which I don't use that much) and the state pension. (I'm 34)
I can't find the exact rule on the pension entitlements - do you have to have paid something every year and if you miss a year do the previous years go to waste?
I'd appreciate an urgent response as I have to post tax forms in the morning
Thanks
Im self employed but earnings are under the threshold for paying PRSI therefore I can chose to opt out this year (2009 return) and save myself €253.
My question is should I think about paying it - I know it covers dental (which I don't use that much) and the state pension. (I'm 34)
I can't find the exact rule on the pension entitlements - do you have to have paid something every year and if you miss a year do the previous years go to waste?
I'd appreciate an urgent response as I have to post tax forms in the morning
Thanks