SMEs to be hit with larger PRSI bill due to minimum wage hike

SMEs to be hit with larger PRSI bill due to minimum wage hike

While businesses will have to pay these wage increases, they will also have to find the money to pay for a knock-on hike of around €480 in annual PRSI payments on their workers’ wages

Small businesses will be hit by a substantial rise in their PRSI bills due to the forthcoming increase in the national minimum wage.

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