What is the Apprenticeship Levy

The Apprenticeship Levy is coming into effect from 5th April 2017, and will totally transform the way that apprenticeships in England are funded. The apprenticeship levy will require all employers operating in the UK with a pay bill of over £3 million each year to make an investment towards apprenticeships. If you are an employer, in any sector with a pay bill of more than £3 million each year you will be charged a levy at a rate of 0.5% of your annual pay bill. You will pay the apprenticeship levy through the PAYE process and will be able to use the funds you contribute for apprenticeships within your organisation or supply chain.