PRSI Contribution Rates - Rates and user guide for 2008 published

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20 December 2007

The Department of Social and Family Affairs has released full details on PRSI contribution rates for 2008 on its website. The main changes for 2008 are:

• The employee's annual earnings ceiling (above which no social insurance contribution is paid) has increased from €48,800 to €50,700.
  
  
• The threshold for employee PRSI has increased from €339 a week to €352 a week.
  
  
• The threshold for payment of the 2% Health Contribution has increased from €480 a week to €500 a week.
  
  
• The annual earnings threshold for the Health Contribution has increased from €24,960 to €26,000.
  
  
• There is no change in the additional 0.5% Health Contribution on earnings exceeding €1,925 a week (equivalent to €3,850 a fortnight and to €8,342 a month).

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Further information:
PRSI Contribution Rates and User Guide 2008 - SW 14

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