The New Apprenticeship Levy
Many of you will have seen the news that the government is committed to achieving three million apprenticeship starts by summer 2020.
To do so, the government has confirmed the introduction of an Apprenticeship Levy from April 2017.
This is a fundamental change to the way Apprenticeships in England are funded. Employers with a UK payroll of over £3m from both the private and public sectors will be required to pay 0.5% of that into a levy. The levy payment will then be ring-fenced and can be used to purchase apprenticeship training.
The levy is the government’s solution to funding the increase in numbers and putting control of funding in the hands of employers.
Please see our informative fact sheets below.
The NEW APPRENTICESHIP LEVY
Free Apprenticeship Training is available now
If you would like to employ an Apprentice now or upskill your existing employees, the Training & Recruitment Partnership Limited (TRP) are able to train your staff now at no cost to you as long as the training commences before the end of April.
FREE APPRENTICESHIP TRAINING - PRE LEVY
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