Class A Employer PRSI and Minimum Wage Changing – 1st February 2020

From 1 February 2020, the weekly income threshold for the higher Class A Employer PRSI increases from €386 to €395. For January 2020 the €386 threshold for the higher Class A employer rate remains unchanged.

Minimum wage will also increase 30c to €10.10 from February 2020.

Weekly earnings up to and including €395 will attract the lower employer Class A rate.

Where weekly earnings exceed €395, the higher Class A employer rate will apply.

Please note there are no changes to Class A Employee PRSI rates or the Employee PRSI tax credit.

As a result of the changes above, Classes AX and AL will have different thresholds in 2020. You can view the full list of upcoming changes on Welfare’s website.

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The Fidelia Team

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