Caoimhghín Ó Caoláin (Cavan-Monaghan, Sinn Fein)
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Question 299: To ask the Minister for Jobs, Enterprise and Innovation the date on which the youth employment levy was introduced; the rate at which the levy was set; the income generated for the Exchequer per annum when in place; the details of when the levy was abolished; and if he will make a statement on the matter. [28382/12]

Richard Bruton (Dublin North Central, Fine Gael)
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The Youth Employment Levy was introduced in 1981 and was subsequently amended in 1989 and re-named the Employment and Training Levy. The Employment and Training Levy was set at 1% of an individual's total income with some exceptions. The levy was abolished with effect from 6 April, 1999.

Only relatively small residual amounts of money under the Levy continue to be collected by the Revenue Commissioners. These relate to historical payments of taxes that would have had a component element attributable to the Levy, had the taxes been paid at the time.

These residual amounts are paid over to my Department by Revenue on a monthly basis and in turn passed on to Department of Public Expenditure & Reform (previously, Department of Finance).

The total cumulative income generated from this levy, to the end of December 2011, was €2,890,713,003 of which €310,750 was received in the 2011 calendar year.