They definitely do have to pay the PRSI. They're seasonal employees in the case of part timers.
There was a provision in the budget that businesses would be exempt from employers PRSI for a year for new employees. Given that most clubs only give out new contracts in the new year, this would seem to indicate a decent saving for clubs.
Can any of the accountant dudes give an opinion on this?
#NeverStopNotGivingUp
They definitely do have to pay the PRSI. They're seasonal employees in the case of part timers.
Upwards to the vanguard where the pressure is too high.
As far as I know business' will be able to avail of this where people have been unemployed for 6 months, so I guess the close season could be nearly six months. Maybe clubs will not sign players until the six months ends.....could be lots of signings after the seasons starts to avail of relief, which equates to 8.5% or 10.75% on the players gross salaries.
The finer details of this measure have not been published yet.
The Revenue clamped down on that years ago and wrote to clubs telling them in no uncertain terms that players were employees like everyone else and came under the PAYE system.
Upwards to the vanguard where the pressure is too high.
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