Apprenticeship Levy
From 1st May, the funding for apprenticeships will change, if you have a wage bill in excess of £3 million per year, then you would be a levy payer. 0.5% of your wage bill every month is automatically deducted through PAYE. The monies deducted can be used to purchase apprenticeship training. The government will top up your account with 10% of your levy amount. You will be able to see the levy funds in your digital account, and if the funds are not used they will expire after