It's part of a €66m package being announced by the Enterprise Minister today.
Future increases in the minimum wage will correlate with a reduction in the top rate for employer PRSI.
It comes as part of a new €66 million package announced by Enterprise Minister and Longford Westmeath TD Peter Burke today, which is aimed at supporting small retail and hospitality firms.
The 'Increased Cost of Business Scheme' is being expanded, which will see an increase in the amount businesses can claim back on the likes of LED lighting, upgraded fridges and kitchens.
The top rate of employer PRSI for employees on minimum wage is being reduced from October 1st.
Minister Burke explains why the change is taking effect 10 months after the latest increase in the minimum pay:
Enterprise Minister Peter Burke outlines the changes to the Employers' PRSI:
Offaly Green Party Senator and Minister of State Pippa Hackett says she wants everyone eligible takes advantage of the supports:
Almost €446,000 Allocated To Midlands Community Centres And Clubhouses
Two People Killed In Offaly Following Fatal Crash
Midlands Family Takes On Ireland’s Fittest Family Challenge
5K Fundraiser To Support Motor Neurone Disease Association Takes Place In Westmeath
No Slowing Down With Age As Westmeath Bowlers Shine At 14th Annual National Bowls Competition
Woman Appears In Court Over €280k Cannabis Seizure In Midlands
Status Yellow Fog Warning Issued For Leinster, Munster And Galway
Call For More Public Toilets Across The Midlands And Beyond