Social Welfare and Pensions Act 2011
Reduction in national training fund levy in certain circumstances.
23.— (1) The National Training Fund Act 2000 is amended—
(a) in section 1(1) by inserting the following definition:
“ ‘contribution week’ has the same meaning as it has in the Social Welfare Consolidation Act 2005;”,
(b) by substituting the following section for section 3:
“Levy.
3.— Subject to and in accordance with the provisions of this Act, there is, by virtue of this section, imposed upon, and there shall be payable by, every employer in respect of every employed contributor who is employed by the employer a levy (which shall be known as the ‘National Training Fund Levy’ and in this Act is referred to as the ‘levy’).”,
and
(c) in section 4—
(i) by substituting the following subsection for subsection (1):
“(1) Where in any contribution week a payment is made to or for the benefit of an employed contributor in respect of reckonable earnings of that employed contributor, levy shall be payable by the employed contributor’s employer—
(a) at the percentage rate specified in the Table to this subsection of the amount of the reckonable earnings in that week to which that payment relates where those reckonable earnings do not exceed €356 (or the equivalent thereof in the case of an employed contributor remunerated otherwise than on a weekly basis), and
(b) at the rate of 0.7 per cent of the amount of the reckonable earnings in that week to which that payment relates where those reckonable earnings exceed €356 (or the equivalent thereof in the case of an employed contributor remunerated otherwise than on a weekly basis).
TABLE
|
Levy payable by employed contributor ’s employer where the weekly reckonable earnings do not exceed €356 |
Period for which contribution payable |
|
0.35 per cent |
2 July 2011 to 31 December 2011 |
|
0.35 per cent |
1 January 2012 to 31 December 2012 |
|
0.35 per cent |
1 January 2013 to 31 December 2013 |
|
0.7 per cent |
1 January 2014 to 31 December 2014 and each subsequent contribution year |
”,
(ii) by substituting the following subsection for subsection (4):
“(4) Where, but for this subsection, levy would be payable in respect of an employed contributor under this Act, then if no employment contribution is payable during any period of exemption by virtue of a scheme provided for under regulations made pursuant to section 13(9) of the Social Welfare Consolidation Act 2005 and known as the Employers’ Pay-Related Social Insurance Exemption Scheme, in respect of that contributor, levy shall not be payable during that period.”,
and
(iii) by deleting subsections (5), (6) and (7).
(2) This section comes into operation on 2 July 2011.