The key to understanding PRSI is in the title of this social insurance / tax on employment. It is Pay Related Social Insurance, so the key trigger for levying it is pay, after that there are various complex rules governing ceilings and rates dependant upon the employee's social insurance code (A1, S1, etc), the nature of the employment and the amount of pay. If there is no pay, there is no PRSI.
I understand mathepac, thanks.
I am currently signing on for credits, and I am available for work, but I have to wait to get JB, because of retirement Lump Sum.
I am anxious to maintain my PRSI record, for obvious OAP reasons.
I would not be available if I was doing work for my brother-in-law free gratis.
So, is there any other way I could help him out, and still maintain my record?
I probably will not now be in a position to lend a hand, given the responses here, which seem to be correct.
How would I manage if I went to do unpaid Voluntary work?
Sorry, number7, this was strictly for relatives!!
Seriously, retired ppl in their 50's need to keep active, in whatever way they can, and I thought this would have been good for both myself and my BiL.