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Apprenticeship levy to be paid by larger employers

Stuart Swan
8th Feb 2016

The government has published draft legislation introducing the apprenticeship levy. The apprenticeship levy was announced in the summer budget of 2015 and will take effect from 6 April 2017.

 

The levy will be set at 0.5% of an employer’s annual pay bill in excess of £3,000,000. Each employer will receive an allowance of £15,000 to be offset against the levy. The government estimates that less than 2% of UK employers will pay it.

 

You can see the proposals here:

 

https://www.gov.uk/government/publications/apprenticeship-levy

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