understanding the apprenticeship levy

what is the apprenticeship levy?

The Apprenticeship Levy is a charge paid by large employers in England to fund apprenticeship training and enhance workforce skills. It helps expand apprenticeship programmes for both new and existing employees. Smaller non-levy paying employers can also access these opportunities.

Levy Payment: Employers with a pay bill over £3 million pay 0.5% of their annual pay bill directly to HMRC.
Digital Account: HMRC credits levy employers through a digital account.
Funds Allocation: Employers have a 24 month rolling expiry to use these funds to pay for apprenticeship training and assessment costs.
Government Top-Up: Employers receive an additional 10% through their digital account.

Levy Payment: Employers with a pay bill over £3 million pay 0.5% of their annual pay bill directly to HMRC.
Digital Account: HMRC credits employers through a digital account.
Funds Allocation: Employers have a 24 month rolling expiry to use these funds to pay for apprenticeship training and assessment costs.
Government Top-Up: Employers receive an additional 10% through their digital account.

Develop a Skilled Workforce: Recruit, train and retain high-quality talent.
Boost Productivity: Enhance employee skills and knowledge.
Future-Proof Your Business: Adapt to industry changes and technological advancements.
Government Incentives: Receive a £1,000 incentive when recruiting 16 to 18 year olds.

Develop a Skilled Workforce: Recruit, train and retain high-quality talent.
Boost Productivity: Enhance employee skills and knowledge.
Future-Proof Your Business: Adapt to industry changes and technological advancements.
Government Incentives: Receive a £1,000 incentive when recruiting 16 to 18-year-olds.

Unspent Funds: Employers paying the Apprenticeship Levy can transfer up to 50% of their annual funds to support other businesses.
Flexibility: Transfers can be made to multiple employers from their apprenticeship account.
Eligibility: Any employer, whether they pay the levy or not, is eligible to receive a transfer.
Usage: Transfers can only be used for new apprenticeships, not those already underway.

Unspent funds: Employers paying the Apprenticeship Levy can transfer up to 50% of their annual funds to support other businesses.
Flexibility: Transfers can be made to multiple employers from their apprenticeship account.
Eligibility: Any employer, whether they pay the levy or not, is eligible to receive a transfer.
Usage: Transfers can only be used for new apprenticeships, not those already underway.

Co-Investment: Smaller companies that don’t pay the Apprenticeship Levy can use the government’s co-investment fund to help cover apprenticeship training costs.
Cost sharing: Non levy employers pay 5% of apprenticeship course costs, with the government covering the remaining 95%.
Full funding: The government fully funds apprenticeship training for employees up to the age of 21 in small businesses.

Co-Investment: Smaller companies that don’t pay the Apprenticeship Levy can use the government’s co-investment fund to help cover apprenticeship training costs.
Cost sharing: Non levy employers pay 5% of apprenticeship course costs, with the government covering the remaining 95%.
Full funding: The government fully funds apprenticeship training for employees up to the age of 21 in small businesses.

We specialise in helping businesses of all sizes, whether levy or non-levy payers, to build a skilled workforce. Our services include forecasting levy fund usage to avoid unspent balances, accessing additional funding for employee development, and facilitating levy fund transfers to other employers.
We’re here to support you every step of the way. Complete a few details on this link to explore how we can help you achieve your training and development goals.

We specialise in helping businesses of all sizes, whether levy or non-levy payers, to build a skilled workforce. Our services include forecasting levy fund usage to avoid unspent balances, accessing additional funding for employee development, and facilitating levy fund transfers to other employers.
We’re here to support you every step of the way. Complete a few details on this link to explore how we can help you achieve your training and development goals.

Apprenticeships are a fantastic way to nurture talent and invest in the future of our industry. Thanks to the levy gifting scheme and the support from Inspiro Learning and our partners, we can now offer life-changing opportunities to more individuals than ever before.”

Paul Walsh

General Manager, The Alan Hotel, Manchester

further information and support

For more detailed information and to access support, please visit the following government website: Key facts you should know about the apprenticeship levy – GOV.UK

understanding the apprenticeship levy

how the levy works

how the levy works

how the levy works

apprenticeship levy benefits

apprenticeship levy benefits

apprenticeship levy benefits

apprenticeship levy transfers

apprenticeship levy transfers

apprenticeship levy transfers

non-levy employers

non-levy employers

non-levy employers

how we can help

how we can help

how we can help

Paul Walsh

General Manager, The Alan Hotel, Manchester