LEVY-PAYING EMPLOYERS

What Is The Apprenticeship Levy?

In order to achieve the government targets of 3 million apprenticeships they created the Apprenticeship Levy which is a compulsory “Tax” placed upon organisations of a certain size. The premise is that these funds are used to fund the development and delivery of apprenticeships.

If you’re an employer in the UK with a wage bill in excess of £3 million then you are required to pay 0.5% of your payroll bill into a central “levy pot” which is then used to fund apprenticeships throughout your organisation.

The levy is:

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Paid monthly
to HMRC

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Collected through
your PAYE system

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Accessed through your
online digital account

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Used to pay for
apprenticeship programmes

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Used to pay for
apprenticeship assessment

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Can transfer 25%
to other employers


Any levy questions for us?

Speak to one of our levy experts or use our online form to make an enquiry.

Make an Enquiry phone icon 0333 320 2883

NON-LEVY PAYING EMPLOYERS

How To Get Funding For Your Apprenticeships

You can receive 95%+ funding from the government if you have a wage bill less than £3 million.

The government will also pay 100% of the training fees for apprentices aged 18 or under if you employ less than 50 employees.

Maths and English at level 2 are required to complete an apprenticeship but don’t worry if you have any employees that do not meet that criteria because there is fully funded training to help them get up to the standards that are required.

Programmes


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CURRENT

Government Incentives

The following government incentives apply for both levy paying and non-levy employers.

  • 1st August 2020 to 31st January 2021 – £2,000 for recruiting a new apprentice aged 16-24
  • 1st August 2020 to 31st January 2021 – £1,500 for recruiting a new apprentice aged 25+
  • 1st August 2020 to 31st January 2021 – An additional £1,000 for recruiting and training an apprentice aged 16-18 or 19-24 leaving care or have an EHC plan
  • Employers do not have to pay NI contributions for apprentices under the age of 25 if they are below the higher tax rate of £43,000 per year

Got any funding questions?

Speak to one of our funding experts and they can go through everything with you or use our online form to make an enquiry.

Make an Enquiry phone icon 0333 320 2883
Apprenticeship Programmes
Facilitators running a managers training event

View our existing training programmes and those we have in the pipeline.

For Employers
Delegates working on a training exercise

Information for employers about our apprenticeships and what MTD are about.

Managed Services
online management training

View our range of managed services. We can do as much or as little as you need.