What is the apprenticeship levy/how does it work?
As of April 2017, employers with an annual pay bill of over £3million are required to pay 0.5% of this towards the apprenticeship levy each month.
You have an allowance of £15,000 across the whole year which breaks down into £1250 each month, reducing the amount you need to pay into the levy.
In addition to this allowance, the government will then further top up your payments by 10% in your digital apprenticeship service account. For example; for every £1.00 you pay, you will receive an additional 10p.
What can it be used for?
You can utilise your levy on apprenticeships and funded training programmes which align with your core business objectives. The courses which we provide have been carefully selected and based upon the fundamental values which every business, regardless of size or sector, requires to operate successfully:
- Business Administration
- Sales & Marketing
- Customer Service
- Team Leading
What if you don’t pay into a levy?
Even if you aren’t currently a levy payer, you can still take full advantage of the qualifications which we offer. Please feel free to contact a member of our team on 0115 969 1650 for further information.