Employers and employees are being reminded that PRSI rates are set to change, from the beginning of October 2025.

Tax expert Nuala McGowan, CPA, ACA, AIA is advising that from 1^st October there will be a slight increase in all PRSI rates.

The employer PRSI rate will increase from 11.15% to 11.25%, where weekly income is more than €527 and from 8.9% to 9% where weekly income is less.

The employee PRSI rate will increase from 4.1% to 4.2%.

Nuala has advised that PRSI rates are increasing incrementally each October from 2024 to 2028, with a 0.1% rise in 2024 and another in 2025, followed by larger increases in subsequent years.

These changes, approved by the Irish government, affect employers, employees, and the self-employed, aiming to fund the Social Insurance Fund and maintain the state pension age at 66.