Grants to offset SET
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• The Road Transport Industry Training Board announced that after lengthy negotiations with the Department of Employment and Productivity they are now able to pay grants to offset Selective Employment Tax paid by firms within their scope in respect of personnel undergoing certain types of training.
Non-refund undertakings within the scope of the Board can qualify for their training grants to be increased by amounts equivalent to the SET liability for trainees in the following three categories: 1 Apprentices undergoing -full time off-the-job training.
2. Work-based sandwich course students.
3. University-based sandwich course students who are being paid by employers while at university.
The extra grant payable for each full week of training is 48s for men of 18 or over and 24s for those under 18. This covers training carried out after August 1, 1969 and may therefore be claimed at the next grant claim period which starts on January 1, 1970. The grant is payable for periods of off-the-job training of 13 weeks or more undertaken by trainees in the three categories.
Increases in grant payments will be paid by the FiTITB who will be refunded by the Department of Employment and Productivity —funds collected by the Board's levy will not therefore be affected.