PRSI on rental income

kildarejohn

I understand from https://www.welfare.ie/en/Pages/Frequently-Asked-Questions-on-the-Broadening-of-the-Income-Base-for-PRSI-.aspx that PRSI on rental income applies as follows-

a)If you have rental income + company pension, you pay PRSI Class K on rental, but get no benefits for it.
b)If you have rental income only, you pay PRSI Class S on rental, and you get benefits (e.g. entitlement to Contrib'y OAP) for Class S contributions.
c)If you are full time employed (say at Class A), you pay PRSI Class A on your salary, and PRSI Class K on your rental, but only get benefits for the Class A.

But what if you are employed for say 2 months (8 weeks) in the year, and for the rest of the year have only rental income? Do you get entitlement to benefits for 8 weeks Class A + 44 weeks Class S? Or do you only get 8 weeks Class A contributions for OAP purposes?

adrianw

I believe that you pay PRSI on all rental income irrespective of other income provided rental income exceed €3,174 in the year.

kildarejohn

adrianw wrote: »

I believe that you pay PRSI on all rental income irrespective of other income provided rental income exceed €3,174 in the year.

Thanks. I agree you have to pay PRSI on rental income regardless. However my query was what benefit do you get for the payment, in terms of counting towards contributions for Contributory Pension Purposes.
Perhaps I should be posting this to a forum on PRSI benefits

BOHSBOHS

no you dont get any benefit for it ! its just a tax:pac:
"This new PRSI charge will not give rise to any social insurance benefits."

https://www.welfare.ie/en/Pages/Information-on-the-Extension-of-PRSI-Liability-to-Unearned-Income.aspx