Paying your employees' tax to Revenue

Pay Related Social Insurance (PRSI)

Note

The information on this page refers to your current obligations. For your obligations before 1 January 2019, please see the Employer's Guide to PAYE.

PRSI is a payment made by you and your employees. The value of this payment is based on the amount of your employee's pay. PRSI is the main source of funding for social welfare payments.

The total amount paid for an employee in one pay period is called a PRSI contribution. It is made up of the:

  • employer's share, that is, the amount of PRSI you pay on your employee's pay
  • employee's share, that is, the amount of PRSI an employee pays on their own pay.

Each employee has a PRSI contribution class. This class determines the rate you use to calculate the PRSI you deduct.

The Department of Employment Affairs and Social Protection provides details of each PRSI class, and the PRSI contribution rates.

Records of PRSI contribution

Each time you pay your employees you must, as part of a payroll submission, keep a record of:

  • your employees' gross pay for PRSI purposes
  • your employees' PRSI share for each pay period
  • your employer PRSI share for each pay period
  • the PRSI class of each of your employees
  • the number of weeks PRSI contributions paid for each employee.

If any employee changes PRSI class during the year, you must also include in your records the:

  • employee's new PRSI class
  • number of weeks PRSI contributions that were paid for the employee at their new class.

Next: Keeping Pay Related Social Insurance (PRSI) contributions separate