14/10/2026
With the national statutory minimum wage increasing by €0.79 to €14.94 per hour effective January 1, 2027, commercial employers are facing fresh wage adjustments.
To protect businesses from being inadvertently pushed into higher social insurance contribution brackets, Budget 2027 introduces a crucial counter-measure:
The Threshold Shift: The lower Employer PRSI contribution threshold is moving up from €552 per week to €600 per week.
The Financial Impact: This adjustment delivers an estimated savings of €650 to €700 per qualifying worker annually, cushioning labor-cost inflation for sectors like retail, hospitality, manufacturing, and facilities services.
Are your payroll systems and financial forecasts aligned for 2027? Get in touch with our team at www.intax.ie to audit your corporate payroll strategy and unlock hidden reliefs.