If have an annual wage bill of more than £3million then you will be classed as a Levy payer. 0.5% of your annual wage bill will be automatically paid into a pot of money by HMRC to be spent on Apprenticeship training through PAYE.
We can help plan your Levy budget and ensure you make the most use of any apprenticeship incentives available to you.
Your Levy funds will expire after 24 months, so get in contact to discuss us being your training provider of choice
If have an annual wage bill of less than £3million then you will be classed as a non-Levy payer. This means that apprenticeships will be funded at 95% and you the employer will have to pay 5% of the apprenticeship costs.
Employers now are in full control of their apprenticeship programmes and have to make a digital account to reserve their funding. Digital account
We can help you with this process and are happy to help walk you through it.
If you are an employer based in the Care sector then you may be eligible to claim back WDF funding from Skills for Care. For example for a Level 2 apprenticeship costs you £150 as the 5% and then you can currently claim back £600 from Skills for Care.
For any queries contact us on 01553 777152 and we will be more than happy to help.