The Government has published the draft legislation introducing the apprenticeship levy, 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.
Spotted the year it's coming in? 2017. So I won't be talking about it at the Employment Law MasterClass 2016. But I will be covering some excellent stuff that you need to know about for this year.
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.
Spotted the year it's coming in? 2017. So I won't be talking about it at the Employment Law MasterClass 2016. But I will be covering some excellent stuff that you need to know about for this year.
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