Tax Strategy Group - 03/18 Pay Related Social Insurance

This paper reviews the financial position of the Social Insurance Fund (SIF), the impact of the main PRSI related measures introduced in Budget 2017 , the findings of the Actuarial Review of the Social Insurance Fund 31 December 2015, the recommendations of the report on ‘The use of intermediary-type structures and self-employment arrangements: Implications for Social Insurance and Tax Revenues’ and the PRSI income and expenditure commitments in the Programme for a Partnership Government. In particular, the paper discusses the possible restructuring of the system of personal taxation as a means of supporting the future financial sustainability of the SIF, and the extension of additional social insurance benefits/pensions to the self-employed.