From this date employers with a pay bill of over £3 Million have to pay their monthly Levy bill and can access these funds to pay for Apprenticeship training. These Employers will be required to pay 0.5% of their annual payroll less the £15,000 allowance.
The Levy is there so you can invest into an apprenticeship programme to develop the skills that your workforce requires to help improve your business. We have experienced staff that can help you understand what Levy entitlement you have and to help with the administration of your claim should you require.
Create an account on the Digital Apprenticeship Service Add your organisation Link your PAYE schemes
You can only use funds in your account to pay for apprenticeship training and assessment for apprentices that work at least 50% of the time in England, and only up to the funding band maximum for that apprenticeship. Our team will make all this clear to you when signing your apprentice up to the program.
If the costs of training and assessment go over the funding band maximum, you will need to pay the difference with other funds from your own budget.
Read the apprenticeship funding rules for full details of what you can and can’t pay for with funds from your apprenticeship service account.