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Apprenticeship levy - how it will work

16 August 2016

The Apprenticeship Levy is coming and the government has this month published further details.

In spring 2017 the way the government funds apprenticeships in England is changing. Some employers will be required to contribute to a new apprenticeship levy, and there will be changes to the funding for apprenticeship training for all employers.

The apprenticeship levy requires all employers operating in the UK, with a payroll bill over £3 million each year, to make an investment in apprenticeships. You can benefit from this investment by training apprentices.

The latest government guidance provides information on how the apprenticeship levy will work, which will be introduced on 6th April 2017.

It also explains the principles that new apprenticeship funding rates will operate on from 1st May 2017, whether you pay the levy or not. Click HERE for all you need to know.

SEMLEP is running two apprenticeship themed webinars in September.

On 20th September the one hour webinar will focus on apprenticeship recruitment. Book your place HERE

On 27th September the webinar will focus on the apprenticeship levy. Book your place HERE

SEMLEP is planning to hold an apprenticeship levy event later this year. Details are yet to be confirmed and the event will be open to businesses of all sizes based here in the South East Midlands.

If you have any questions in the meantime please contact Head of Enterprise at SEMLEP, Lindsay Hondebrink HERE.

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