Are you affected by the apprenticeship levy?
The apprenticeship levy is a levy (charge) on UK employers to help fund the costs of apprenticeships training and assessment.
The levy will be set at 0.5% of an employers pay bill, (a pay bill is the employer’s total employee earnings subject to Class 1 secondary national insurance contributions). It will primarily affect large companies, as each employer will have a £15,000 annual allowance which will be offset against the levy, but only employers with a pay bill of more than £3 million will be liable to pay the levy.
It’s expected to come into force on 6th April 2017, with further guidance published by the Government in October and December 2016.