How much PRSI do the self-employed pay?

4.2375% of your profit for 2026, because the rate went from 4.2% to 4.35% on 1 October. The least you pay is €650 a year. Under €5,000 of profit, you pay none.

What does Class S PRSI get me?

Above all, the State Pension (Contributory) at 66. You need 10 years of contributions to get any, and 40 for the full rate. It also covers Maternity and Paternity Benefit, Jobseeker's Benefit (Self-Employed), Invalidity Pension and more.

Can I get the State Pension without paying PRSI?

Only the non-contributory one, up to €288 a week in 2026. It's cut by your income, savings and property, and your partner's. The contributory pension isn't.

Can I take the van off my profit?

Not all at once. A van, tools and machinery are written off at 12.5% a year for 8 years. A €24,000 van takes €3,000 a year off your profit.

Trades and self-employed

Registering as self-employed: the cost and what it gets you

What tax, USC and PRSI you'd pay on your profit, and what the PRSI buys you, like a State Pension at 66.

Self-assessment tool. The figures come from your own answers. It isn't advice, and you're responsible for what you file or claim. heypenny.ie is a trading name of Kinch Press. Read the disclaimer.

Common questions

How much PRSI do the self-employed pay?: 4.2375% of your profit for 2026, because the rate went from 4.2% to 4.35% on 1 October. The least you pay is €650 a year. Under €5,000 of profit, you pay none.
What does Class S PRSI get me?: Above all, the State Pension (Contributory) at 66. You need 10 years of contributions to get any, and 40 for the full rate. It also covers Maternity and Paternity Benefit, Jobseeker's Benefit (Self-Employed), Invalidity Pension and more.
Can I get the State Pension without paying PRSI?: Only the non-contributory one, up to €288 a week in 2026. It's cut by your income, savings and property, and your partner's. The contributory pension isn't.
Can I take the van off my profit?: Not all at once. A van, tools and machinery are written off at 12.5% a year for 8 years. A €24,000 van takes €3,000 a year off your profit.

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