Government publishes new guidance on the Apprenticeship levy
The Department for Business, Innovation and Skills has today published new Guidance -Apprenticeship levy: how it will work
The contents include:
- Who the levy affects
- How much you will pay
- What happens to the money once it is paid
- Why the levy is being introduced
The government announced the levy in the Summer Budget 2015. In the 2015 Autumn Statement the government provided details of who it would apply to and how much the rate would be. Legislation will be introduced in 2016 to create the apprenticeship levy through the Finance and Enterprise Bills.
The apprenticeship levy will be introduced in April 2017.