Large Employers - The Apprenticeship Levy
The Apprenticeship Levy has been designed to not only fund apprenticeships but to give you the control and get more out of your funding, if your annual payroll bill is over £3m.
The Levy will help to raise both the quality and quantity of apprenticeships in England. It will enable the government to achieve its ambitions to deliver 3 million apprenticeships by 2020!
Apprenticeship Levy Guidelines – a very brief overview!
> Funding is only available to spend on apprenticeships delivered by an approved training provider
> The Levy will be paid monthly to HM Revenue and Customs (HMRC) through the Pay As You Earn (PAYE) process alongside tax and NICs, and funds are accessed through a new digital apprenticeship service
> The government will top-up your funds by 10%
For more info, please contact us.