Written answers
Wednesday, 14 November 2007
Department of Enterprise, Trade and Employment
Financial Services Sector
9:00 pm
Róisín Shortall (Dublin North West, Labour)
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Question 152: To ask the Minister for Enterprise, Trade and Employment the amount that has been contributed by companies operating in the international and domestic financial services industry to the national training fund in each of the past five years. [28856/07]
Micheál Martin (Cork South Central, Fianna Fail)
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The Health Levy and National Training Levy are collected by the Revenue Commissioners as part of the PRSI collection system. The funds collected for these levies are then included in the transfer of gross PRSI from the Revenue Commissioners to the Department of Social and Family Affairs.
The National Training Levy contribution amounts to 0.7% of earnings of employees insured at Class A or H. Each year, the Department of Social and Family Affairs Accounts Branch undertakes an Annual Apportionment Exercise to analyse PRSI collection data and to apportion funds to the Social Insurance Fund, the Health Fund and the National Training Fund. My Department does not collect any information on the companies that contribute to the National Training Fund.
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