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PRSI REFUNDS
Tuesday 31 January 2012, 11pm
Tens of thousands of workers are due a refund for overpaying their PRSI.
The Department of Social Protection has confirmed that €10m has already been paid back to taxpayers, who have received an average refund of €400.
The overcharging is due to the way the health levy element of social insurance was applied in 2010.
Anyone earning less than €26,000 was not liable to pay the levy.
However, if a person earned more than €500 in a given week the levy was automatically deducted from their pay.This means those that earned over €500 a week - but less than the annual threshold of €26,000 - may be due money back.
Mandate Members are advised to check their payslips/P60's and apply to the Department for a refund if you think you are entitled to money back. The address is Department of Social Protection, PRSI Refunds Section, Oisin House, Pearse Street, Dublin 2.