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National News

No appetite to increase pension age beyond 66, says Micheal Martin

...payment for each additional year they work. Keeping the pension age at 66 will result in pay-related social insurance (PRSI) increases, with a 10-year plan to be announced next year. The Pensions Commission had proposed increasing the state pension...

21 Sept 2022 at 15:39

National News

‘Flexible’ tiered pensions plan to come into effect from January 2024

...age and we must respect that”. Ms Humphreys said keeping the pension age at 66 will result in pay-related social insurance (PRSI) increases, with a 10-year plan to do so set to be announced next year. An actuarial review of the Social Insurance Fund...

20 Sept 2022 at 15:47

Local News

Pandemic bonus for frontline workers expected in next payroll

...during the Covid-19 pandemic, in February or March. The payment of €1,000 will not be subject to income tax, USC, or PRSI. Minister Donnelly told the Dáil in January, the measure will be ring fenced to staff ordinarily onsite in COVID-19 exposed...

15 Apr 2022 at 13:33

National News

Who didn't pay their taxes? Photographer, farmers and publican appear on defaulters list

...Co Offaly also reached a settlement. The total settlement amount was €113,446.47. It was for the under-declaration of PAYE, PRSI and USC. The amount was made up of €65,134.15 in unpaid tax, €28,772.07 in interest and €19,540.25 in fines. Also on the...

08 Mar 2022 at 17:27

National News

All workers entitled to sick pay under new Govt legislation

...who need to take more time off may qualify for illness benefit from the Department of Social Protection subject to PRSI contributions. The initial plan is as follows – 2022 – 3 days covered 2024 – 5 days covered 2025 – 7 days covered 2026 – 10...

30 Mar 2022 at 10:57

Pandemic bonus payment for frontline healthcare workers to be delayed until summer

National News

Pandemic payment for healthcare workers to be delayed until summer

...during the Covid-19 pandemic, in February or March. The payment of €1,000 will not be subject to income tax, USC, or PRSI. Minister for health Stephen Donnelly told the Dáil in January, the measure will be ring fenced to staff ordinarily onsite...

05 Apr 2022 at 10:58

Government will approach pensions age recommendation with an ‘open mind’

National News

Government will approach pensions age recommendation with ‘open mind’

...to the recommendation by the Pensions Commission, the Social Protection Committee proposed changes to the employers’ PRSI (Pay Related Social Insurance) contribution rates to be examined. The Cabinet is set to assess the pensions plan at the end...

02 Feb 2022 at 14:37

National News

RTÉ accused of acting like ‘rogue employer’ at Public Accounts Committee

...on a range of benefits as a result. RTE is also engaged with the Department of Social Protection in a review for potential PRSI classification liabilities, examining the contractual and employment arrangements of up to 500 workers – a probe that could...

20 Jan 2022 at 15:56

Local News

Government will approach pensions age recommendation with ‘open mind’

02 Feb 2022 at 19:01

Longfordleader

Longford Female farmers told to check PRSI contributions

IFA farm family and social affairs chairperson, Alice Doyle, has urged female farmers to take the time to check what PRSI contributions they have made to date and ensure that they are making a contribution when carrying out tax returns this year. “As we...

05 Sept 2022 at 10:03

National News

Younger workers face €2,500 extra in tax to keep retirement age at 66

...by 50pc by 2040 IFAC analysis has found that people earning an annual salary of €35,000 will pay an extra €2,000 a year in PRSI payments to fund the future pension pot. In its pre-Budget submission, the IFAC says: "the Government has not responded to...

31 Aug 2022 at 11:37

Local News

Midlands car dealer hit with multi-million euro bill in Revenue's latest Tax Defaulter list

...that traded as the Carlow Motor Company but is now in liquidation. A Revenue audit case for under-declaration of PAYE/PRSI/USC and VAT revealed an unpaid sum of €2,276,667. Interest amounted to €1,330,544. Penalties were calculated at €2,241,723....

14 Sept 2022 at 15:39

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