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Levy Paying Employers
If you are an employer with a UK pay bill of £3 Million or above a year, you will already be paying into the Apprenticeship Levy.
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Apprenticeship Levy
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The Apprenticeship Levy was implemented in April 2017, Levy payers currently contribute 0.5% of their wage bill to the government on a monthly basis through their PAYE system. To find out more information on when and how to pay into the apprenticeship levy go to the governments website guidance on paying into the Apprenticeship Levy.
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Funding to pay for training is accessed via your organisation's digital account, within your organisation there will be an allocated employee who will be responsible for this account.
Once you have used your Levy funds organisations must convert to the Employer Co-Investment rules.
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Taking on an Apprentice may also entitle you to a government grant.
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