Government publishes draft legislation introducing apprenticeship levy

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.

 

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.

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