Dáil Éireann Debate, Tuesday - 9 July 2024
193. Deputy Pearse Doherty asked the Minister for Finance if the revenue raised from now legislated increases in PRSI in each of the years 2024 to 2028 are included in the revenue projections for the years 2025, 2026, 2027 and 2028 under the Stability Programme Update; and if he will make a statement on the matter. [29329/24]
Amharc ar fhreagraThe general government revenue for the Stability Programme Update 2024 includes projections for the years 2024 to 2027, and the year 2028 is not part of the forecasted period.
The government decision to increase the PRSI rate is included in the SIF revenue forecasts and therefore in the general government revenue projections.
The increases of the PRSI rates will be effective from 1 October in the respective years.
