Is this PRSI exemption applicable to investments?

[gonesp]

Hi,

I was reading about PRSI tax rates and found this article where it states that "If you earn less than €5,000 from self-employment in a year you are exempt from PRSI"

Has anyone ever heard of this exemption? Would this be applicable to earnings from stock selling or fund investment profits?

Thanks in advance!

 

[Branz]

The income sources you list are in a different tax class to employment income so not exempt from PRSI
Its Schedule D Case III

No 39 of 1997, Section 18, Revenue Note for Guidance

No 39 of 1997, Section 18, Revenue Note for Guidance

www.charteredaccountants.ie

 

[gonesp]

That's great! Thank you!