how does the apprenticeship levy work

Jan 18, 2025 ... Your umbrella company must deduct Employers' National Insurance Contributions and the Apprenticeship Levy from their employees' pay by law. The Apprenticeship Levy was initiated by the UK government in April 2017, for all employers paying a wage bill of more than £3 million per year. Employers that ... 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 ... We can now transfer up to 50% of our apprenticeship levy funds to local organisations to boost the use of apprenticeships within the city. 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 ... Feb 12, 2025 ... You will be responsible for both NI payments, employers and employee. Also employers NI goes up in April to 15.x%. Expect to take home ... May 6, 2016 ... What is it? The Apprenticeship Levy is a new charge set at 0.5% of any large UK employer's pay bill worth more than £3 million. It aims at ... Feb 7, 2023 ... The government introduced the apprenticeship levy to encourage employers to offer structured, high quality, work-based training. Who can receive transferred funds? We can transfer funds to employers for new apprentices, for existing staff who would like to develop their skills through ... 5. Apprenticeship levy. The Apprenticeship Levy (on GOV.UK) is a UK-wide employment tax. It is collected monthly by HM Revenue and Customs through the PAYE ...