Brendan Burgess
Founder
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0.1% from Oct 2024 next year to fund future pensions.
Pay related benefit to be introduced in SW Bill.
Pay related benefit to be introduced in SW Bill.
You do know it's just a tax?Not a huge increase, but still annoying. I do not think I am getting much value from my PRSI payments to be honest.
My understanding is, this is an Employer only increase, to help with the Government contribution costs, to EE pensions, which resulted from the new auto enrollment schemeNot a huge increase, but still annoying. I do not think I am getting much value from my PRSI payments to be honest.
I don't think that there are any changes in that respect. Just the 0.1% rate increases.Has anyone a link showing new thresholds for the various PRSI classes? Might be a bit early but I can't find anything on www.welfare.ie
...earning over €100,00055.1 for the self-employed….
If they are paying a mortgage and childcare costs they are still going to be struggling financially. Someone on €100,000 a year with a €300,000 mortgage and a couple of kids in childcare will have the same income after those expenses and payroll taxes and someone with no children or mortgage earning €30,000 a year....earning over €100,000
Good. Now if they could just make Universal Social Charge Universal, as in make everyone pay it, that would be great.Instead of scrapping USC we get a new higher marginal rate of 52.1%.
Ignoring rent?If they are paying a mortgage and childcare costs they are still going to be struggling financially. Someone on €100,000 a year with a €300,000 mortgage and a couple of kids in childcare will have the same income after those expenses and payroll taxes and someone with no children or mortgage earning €30,000 a year.
Renters are worse off again.Ignoring rent?
These are choices people make. Children grow up and the mortgage is paid off (eventually!).If they are paying a mortgage and childcare costs they are still going to be struggling financially. Someone on €100,000 a year with a €300,000 mortgage and a couple of kids in childcare will have the same income after those expenses and payroll taxes and someone with no children or mortgage earning €30,000 a year.
People choose to not be homeless... they also choose to eat.These are choices people make. Children grow up and the mortgage is paid off (eventually!).
More transfer of wealth from the young to the old. Outrageous.PRSI rates to increase every year till 2028 to "support the retention of the State Pension Age at 66"
Minister Humphreys secures Cabinet approval for major Social Welfare reforms
People with long work histories will receive enhanced benefits if they lose their employmentwww.gov.ie
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