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Ireland Announcement - 2020 Budget Changes
Dear customer,
Please find below our update regarding 2020 changes :
2020 Budget
The 2020 Budget changes that have been announced are minimal;
The previously announced increase in Training Levy impacting Employers PRSI for Class A and H
An increase in Income Tax Credit which will be reflected in 2020 RPN’s
We will be monitoring the changes to the National Minimum Wage as there could be a corresponding adjustment to PRSI thresholds. This however is dependent upon other political events
2020 RPN’s and Payroll Submissions
There are schema changes to both RPN’s and Payroll Submissions for 2020.
For RPN’s the date of cessation will be provided, this will assist some employers in matching the RPN to the correct employee record.