Employeers PRSI

[jimmyd]

How do you work out employeers prsi on an employee? If someone is offered 20K a year and this figure is said to include employeers prsi how you do work out what the employee will get?

 

[Welfarite]

This any help?>>>>

Subclass
Weekly Pay Band
How much of weekly pay
First €48,800
Over €48,800

EE
ER
EE
ER
AO
€38 - €339 inclusive
ALL
Nil
8.5%
Nil
8.5%

AX
€339.01 - €356 inclusive
First €127
Nil
8.5%
Nil
8.5%
Balance
4.00%
8.5%
Nil
8.5%

AL
€356.01 - €480 inclusive
First €127
Nil
10.75%
Nil
10.75%
Balance
4.00%
10.75%
Nil
10.75%

A1
OR
More than €480​

First €127
2.00%
10.75%
2.00%
10.75%
€127.01 - €1925
6.00%
10.75%
2.00%
10.75%
Balance
6.50%
10.75%
2.50%
10.75%

A2*
More than €480
First €127
Nil
10.75%
Nil
10.75%
Balance
4.00%
10.75%
Nil
10.75%
* Subclass A2 applies to medical card holders and people getting a social welfare Widow's Widower's, Pension, One-Parent Family Payment or Deserted Wife's Benefit Or Allowance. See note below.

 

[Welfarite]

Sorry, that cut and paste was unreadable...here's the link instead.

http://www.welfare.ie/publications/sw14.html

I reckon it would be AL reate of contribution and the gross amount, prior to employer's PRSI deduction would be 22,149.68 p.a. to give nett of 20,000. This does not count employee's tax or PRSI.

 

[asdfg]

If someone is offered 20K a year and this figure is said to include employeers prsi how you do work out what the employee will get?

Very unusual way to offer someone a job, to include employers prsi. I take it that you mean to include employers PRSI.

If it is as you state employers PRSI
I calc as follows

20,000 incl 10.75% So before 10.75 was included the Gross figure was 18,058.69 (20,000/110.75*100) PRSI 10.75 = 1941.31

Employee Calc as follows

Gross pay per week 347.28 (18058.69/52)
* PRSI ....................8.81
Net Wage..............338.47

* PRSI 347.28-127 = 220.28 * 4% = 8.81

 

[jimmyd]

thanks very much.