{"id":13238,"date":"2023-05-18T16:20:08","date_gmt":"2023-05-18T16:20:08","guid":{"rendered":"http:\/\/atwdev.co.uk\/workingknowledge\/a-quick-guide-to-the-apprenticeship-levy\/"},"modified":"2024-06-29T09:11:56","modified_gmt":"2024-06-29T09:11:56","slug":"a-quick-guide-to-the-apprenticeship-levy","status":"publish","type":"post","link":"https:\/\/atwdev.co.uk\/workingknowledge\/a-quick-guide-to-the-apprenticeship-levy\/","title":{"rendered":"A Quick Guide to the Apprenticeship Levy"},"content":{"rendered":"\n\n\t

A QUICK GUIDE TO:
\nTHE APPRENTICESHIP LEVY<\/h2>\n

What is the Apprenticeship Levy?<\/b><\/h3>\n

The Levy is designed to encourage businesses and charities to upskill current employees and train new recruits, to ensure their workforce has the necessary skills to see the organisation thrive.<\/p>\n

Fully funded or part-funded training is available through the Apprenticeship Levy for a broad range of experience and ability levels from entry-level staff all the way through to the board room, with 600+ qualifications ranging from GCSE level to Masters Degrees.<\/p>\n

Do I pay the Apprenticeship Levy?<\/b><\/h3>\n

The Levy is applied to businesses with an annual pay bill of \u00a33 million or above (c. 100 employees). This is charged at 0.5% of your annual pay bill and collected automatically when you submit your PAYE. Your Levy pot can only be spent on apprenticeship training delivered by government-approved providers.<\/p>\n

Businesses who do not pay the Levy make a 5% contribution to the training cost with the remaining 95% paid by the government.\u00a0<\/p>\n

You can find out how to calculate your Levy contribution, exemptions and more detail here<\/a>.<\/p>\n

Who is eligible for apprenticeship training?<\/b><\/h3>\n

Most. All PAYE employees of businesses and charities registered in England are eligible to enrol in an apprenticeship.\u00a0<\/p>\n