NewPRSI reforms tobenefit businesses

Fine Gael Sligo- Leitrim T. D., Tony McLoughlin, has welcomed the new PRSI reforms announced by Minister Leo Varadkar this week, which he says will benefit small business owners in Sligo and Leitrim.

“PRSI changes initiated by Minister for Social Protection, Leo Varadkar, have reformed the system, making it easier to take a break from making PRSI contributions, without losing your State pension entitlements. This is further evidence of Fine Gael standing up for the self- employed people here in Sligo and Leitrim, in the wake of the tax equalisation measures we have previously introduced.

“If a self- employed person’s business experiences a bad year or a few bad years and they don’t pay PRSI in those years, they can now protect or improve their right to a contributory State pension, and a pension for their spouse or child’s guardian should they die prematurely.

“Fine Gael is supporting small businesses and promoting job creation, at a time when we see a 9.3% decline in the live register figures in Sligo, and an 8.58% decline in the live register figures in Leitrim.”