InsightsNews - Employment & HR - POSTED: February 5 2016
Government publishes draft legislation introducing apprenticeship levy
The Government has published draft legislation introducing the apprenticeship levy which is expected to come into force in April 2017.
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The levy is on UK employers to fund new apprenticeships.
The levy will be charged at a rate of 0.5% of an employer’s paybill. Each employer will receive an allowance of £15,000 to offset against their levy payment – meaning it won’t be payable by employers with a payroll under £3 million.
This content is correct at time of publication
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