Pay Related Social Insurance (PRSI) is payable by most individuals working in Ireland
The exceptions are:
- If the individual is under 16 or over 66.
- Self employed and earnings for the year are under €5,000.
- Spouse or civil partner of a self employed sole trader. From 1st January 2014 spouses and civil partners who assist in the business of their self employed spouse/civil partner but are not an employee or business partner will be liable to S rate PRSI. This will allow them to build up entitlements to social insurance benefits as a self employed worker in their own right.
If you have paid PRSI incorrectly you may be entitled to a refund.
With effect from 1st January 2010 an application for the return of PRSI contributions must be made within four years of the last day of the contribution year in respect of which the contributions concerned were paid.