What is the Apprenticeship Levy?
In April 2017 the way the government funds apprenticeships in England is changing for all businesses. Some employers will be required to contribute to a new Apprenticeship Levy.
The Apprenticeship Levy requires all employers operating in the UK, with a pay bill over £3 million each year, to make an investment in apprenticeships. The Levy is there to be spent on ‘Apprenticeship Training and associated costs’. The Government have stated ‘employers will get out more than they put in’. Get in touch to see how it can work for you.
Are you a Levy payer?
Use our simple calculator below to workout if your business needs to pay into the new apprenticeship Levy and even see how many apprentices your Levy pot will fund.
How we can help
Our team of experts are on hand to help employers understand more about the Apprenticeship Levy and how to prepare for it.
To get started, get in touch. Fill out the form adjacent, making sure you provide as much information on your business as possible, including details on how big you are, your scope and what your ambitions are. Once completed a member of our team will be in touch with you shortly.
When further information will be available
In October 2016 there will be information about:
- The final levels of funding, government support, 16 to 18 payments, and English and maths payments for apprentices starting from April 2017
- Full, draft funding and eligibility rules
In December 2016 there will be information about:
- Final detailed funding and eligibility rules
- Eligibility rules that set who you are able to spend apprenticeship funding on
- Information on who can provide apprenticeship training and how you can set up your organisation to deliver apprenticeship training.