‘Farcical’€130m unspent surplus in National Training Fund

16th September, 2018

Businesses have called for the ‘farcical’ surplus in the National Training Fund to be used to help the 64,000 young people who are not in work or education.

Businesses are paying around €553 million into the fund this year through a levy on their PRSI payments. But even though the levy is going to be increased in this year’s budget by a further 0.1 per cent, the fund has an unspent surplus of around...

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