Q: What’s The Difference Between Employee PRSI And Employer PRSI?
PRSI (Pay Related Social Insurance) is a tax on employment that goes towards services like health care etc. There are two types of PRSI payments
The employee pays PRSI on their own salary. (So staff get taxed).
The employeer has to pay PRSI on each staffs wages. (So boss gets taxed for having staff).
Directors (as in founding directors) don’t have to pay Employer PRSI. Here is our getting started doc – there is an infographic and light overviews of tax etc. (fun fun fun). goo.gl/KWlIQ