The Apprenticeship Levy is coming. From 6 April 2017 employers will have to start paying their monthly Levy bill. The clock is ticking …
Apprenticeship Levy Countdown: 6 April 2017
We’re already helping employers like you prepare for the Levy and maximise the benefits they’ll get from the changes. Get in touch for all the latest guidance and to find out how we can help your organisation.
What is the Levy and who will have to pay?
The Apprenticeship Levy will be a tax on large UK employers with a PAYE bill of over £3 million per annum. These Employers will be required to pay 0.5% of their annual payroll into the Levy and these funds will be used to pay for new Apprenticeships. Find out what your Levy bill will be with our calculator. For more detail on the Levy and how it will affect your organisation visit our your questions answered page.
Why is the Levy being introduced?
The government is committed to developing vocational skills, and to increasing the quantity and quality of Apprenticeships. It has committed to an additional 3 million Apprenticeship starts in England by 2020. The Levy will help to deliver new Apprenticeships and support quality training by putting employers at the centre of the system. Read more about the Levy and wider Apprenticeship reforms.
How to prepare for the Levy?
From understanding your levy bill, to identifying your business needs and running a pilot programme, we’ve created a 7 step guide in our Apprenticeship Levy Checklist to help you prepare and plan for the introduction of the Levy. Now is the perfect time to explore how Apprenticeships can be used to develop the skills of your workforce.
Use it or lose it.
When the Levy is introduced in April, your organisation will start making monthly payments and if you fail to spend all of your payment, they will go unclaimed and you may lose them. What’s more, is that any unclaimed payments will then be available to other businesses looking to spend more.
Get in touch for a free Levy Consultation to find out exactly what this means for your organisation and how you can maximise your payments.
Why learndirect is your ideal partner?
As one of the UK’s leading Apprenticeship providers, we work with 6,000 employers each year and support around 23,000 apprentices.
Our team of experts are well placed to help you understand the impact of the Levy and to help you plan, develop and deliver your Apprenticeship programmes, ensuring you maximise the return on your Levy payments.
We offer flexible Apprenticeships in a range of subjects and we’ll work with your organisation to identify the right mix of training / qualifications to meet your business needs. We’re also playing a key role in developing the new Trailblazer Apprenticeship standards.
We already partner with many leading organisations including; NHS England, The Co-operative, Tesco and Lloyds Bank, delivering successful programmes with achievement rates well above the national average.
We can help you plan, develop and deliver your Apprenticeship programmes.
Complete our short form below and we’ll:
- share the most up to date guidance regarding the Levy
- help you understand what the Levy and its targets mean for your organisation
- support you to clarify your eligible activity and assess the training you do now
- advise on the Apprenticeship options open to your organisation
- help and deliver your Apprenticeship programmes