Apprenticeship Levy: BIS Guidance
The Government has issued guidance for employers on how the apprenticeship levy will work.
The levy, which is being introduced in April 2017, will apply to all UK employers in both the private and public sectors and is payable on annual pay bills of more than £3m. The levy will be charged at 0.5% of the employer’s pay bill. Employers will have a £15,000 fixed annual allowance to offset against their levy payment.
Although the levy will apply to employers across the UK, the guidance only applies to employers based in the UK as skills policy is a devolved matter.
Apprenticeship levy: how it will work is available here.
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