how can employers use their apprenticeship levy to drive innovation

Amounts paid via the levy can, together with amounts contributed by government, be used to fund approved training/assessment programmes. This Need to know ... Jan 1, 2025 ... Employers paying the apprenticeship levy can access the money paid to HMRC to buy training from providers who appear on the new register of ... A government led scheme designed to increase the number of apprenticeships on offer throughout the UK by levying funds from the most successful businesses. All businesses operating within the UK with a wage bill of over £3million are required to contribute to the apprenticeship levy. Companies paying the Apprenticeship Levy want to know the best ways to use the money in their digital accounts. The aim of the levy is to boost productivity by investing in human capital and increasing the quantity and quality of apprenticeships. Dec 14, 2023 ... I have been wondering whether a University could part-fund PhD programmes by creative use of the Apprenticeship Levy. This blog is my attempt to think that ... The apprenticeship levy is a Government tax paid by large employers. The Government requires that WSCC (including the schools whose staff it employs):. Pay the ... The Apprenticeship Levy is a levy on larger employers to fund apprenticeships and applies to both public and private sectors. If your business wage bill is over ... What is the apprenticeship levy? · It applies to those with a payroll of more than £3 million (the apprenticeship threshold) · It is used to fund apprenticeship ...