In the 2015 Autumn Statement, George Osborne announced a new Apprenticeship Levy for employers to help fund employer apprenticeship schemes and reach the target of delivering three million apprenticeships by 2020. The Levy was introduced in May 2017.
As an employer you will be required to pay the Apprenticeship Levy each month from 6 April 2017. If you:
Your annual pay bill is all payments to employees that are subject to employer Class 1 secondary National Insurance contributions (NICs) such as wages, bonuses and commissions. You must include payments to:
Your pay bill doesn’t include:
More information on the Apprenticeship Levy can be found on the Gov.uk website: