APPRENTICESHIP FUNDING
Mark Dawe, chief executive of the Association of Employment and Learning Providers
The EU referendum result meant that the Government was unable to meet its June deadline for announcing the next raft of apprenticeship levy reforms. While we were informed of their main elements in April, important details are still to be revealed and many employers remain mystified about how the levy system will work.
The levy will be calculated on 0.5 per cent of the payroll bill of all employees across the whole of the UK. However, employers will not pay the first £15,000 of the levy. Therefore the annual payroll bill has to be £3 million before an employer starts paying. It is estimated that more than 20,000 large organisations will be within the levy’s scope, including public sector employers such as NHS trusts and universities.
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