Tuesday 24 January 2017

Contribution made by small enterprises

Published 29/07/2011 | 05:00

AT a recent debate in the Seanad on the Social Welfare and Pensions Bill it was stated by a senator that if a business goes under and only one person joins the dole queue, the cost to the taxpayer is €21,000 per annum.

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I imagine this figure includes the loss of the employee's tax, employers' PRSI, the direct dole payment and supplementary social welfare payments.

Enterprise Ireland defines a small enterprise as an enterprise that has fewer than 50 employees.

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