what support is available for employers who take on apprentices

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 is a levy on UK employers to fund apprenticeships and is charged at a rate of 0.5% for companies with a wage bill of £3 million or more. Apprenticeship Levy funds can only be used to pay for training apprentices to achieve qualifications as part of an approved apprenticeship training programme. The Apprenticeship Levy requires all employers operating in the UK, with a pay bill over £3 million each year, to invest in Apprenticeships (0.5% of their ... Key points · Working across systems, employers can transfer apprenticeship levy funds that support communities and staff. · A standard placement agreement will ... In particular, the UK government has introduced an Apprenticeship Levy to help fund apprenticeship starts for large employers. Since April 2017, all employers ... The levy is charged at a rate of 0.5% of an employer's pay bill. Employers will receive an annual allowance of £15,000 to offset against their levy payment and ... 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 ... Receive a Levy donation. Apprenticeships can be funded by levy paying employers transferring up to 25% of their unused funds to a separate employer. These funds ... Feb 12, 2025 ... The Apprenticeship Levy is a government-backed scheme designed to encourage employer investment in apprenticeship programs.