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.
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.