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PRSI Code

  • 23-01-2019 12:17pm
    #1
    Seve OB
    Registered Users, Registered Users 2 Posts: 16,118 ✭✭✭✭


    Have an idea, but just looking for some clarification
    • Non Executive Director, earning no more than a few hundred per month
    • Already has his own self employed profession
    • less than 1% shareholding

    What PRSI Code should he be set up on?


Comments

  • #2
    Happy4all
    Closed Accounts Posts: 2,089 ✭✭✭Happy4all


    Class A ..depends on weekly earnings.


  • #3
    hero001
    Registered Users, Registered Users 2 Posts: 53 ✭✭hero001


    Seve OB wrote: »
    Have an idea, but just looking for some clarification
    • Non Executive Director, earning no more than a few hundred per month
    • Already has his own self employed profession
    • less than 1% shareholding

    What PRSI Code should he be set up on?

    When you say Non Executive Directors, do you mean that they are a director of the company who receive a directors fee for their position as a director and undertake no executive functions? If so, the correct class is Class S, on the based that they are not employed under a contract of employment. Percentage of shareholding is no relevant, once they are non executive.

    If however they do more than act as a director, this could change the PRSI class.


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