The Act on State Aid for Education and Training (Official Gazette 109/07, 134/07, 152/08, 14/2014)
Objective(s) and target(s)
To incentivise employers to provide training to employees (including apprentices)
Year of introduction
1997
Year of termination
No foreseen end to the instrument (on-going)
Governance (management, operation, monitoring and evaluation)
Department of Finance is responsible for the overall management, monitoring/evaluation of the instrument and day-to-day operation. Revenue Commissioners are also involved.
Eligible group(s)
All companies
Education and training eligible
The instrument supports apprenticeship and other types of education and training. It applies to all levels.
Source of financing and collection mechanism
State (loss of tax revenue)
Financing formula and allocation mechanisms
The maximum amount/share of eligible expenditure that a company may deduct is not specified (no limit).
Eligible costs
Costs of materials and equipment, travel and subsistence, training and examination fees.
Volumes of funding
na
Beneficiaries/take up
The data on beneficiaries is not available. The total number of employers from who tax was collected by national tax collection agency: 207,737.