The impact of a 0.1% increase in the National Training Fund, NTF, levy from 0.7% to 0.8% was estimated in Budget 2018 as yielding €58 million in 2018, with €47.5 million available for increased expenditure.
In monitoring NTF income, the Department does not separately identify the yield resulting from the 0.1% increase. Overall NTF receipts from the levy for the period January to the end of June 2018, which are the latest available figures, amounted to €279 million. Income from the levy for the full year was estimated at €553 million in the Revised Estimates Volume 2018.