Apprenticeship Levy

In April 2017 the way the Government funds apprenticeships in England changed, and employers with a wage bill of more than £3 million per annum are required to contribute to a new Apprenticeship Levy.

It’s a huge reform to raise the skills of the nation and address one of the enduring weaknesses of the British economy. The goal is to reach 3 million apprenticeships by 2020 and secure greater benefits from apprenticeships for more apprentices, employers and the economy.

This objective dovetails in perfectly with the aim of PeoplePlus which is to improve the lives of a million people by 2022.

Apprenticeships are jobs with training attached to them which allow existing and new employees to earn while they learn whilst gaining a nationally recognised standard.

As a levy payer, PeoplePlus are in a prime position to navigate you through the changes that have happened.

The Apprenticeship Levy in the devolved nations works differently to England. At PeoplePlus we are one of a very small number of training providers who have contracts across all home nations so please contact us for further advice and funding.

Levy Payers

If your yearly pay bill is £3million or over, your levy will be 0.5%. There will also be a £15,000 allowance that will be offset against your levy liability. The levy amount will be topped up by an additional 10% by the government.

Develop Your Levy Strategy

We are the apprenticeship provider of choice for many employers and whether your programme has 10 or 1,000 apprentices, we’ll work in partnership to help you invest your Levy funds where your business needs it the most. We’ve already started over 4,000 apprentices on Levy funded programmes.

We’ll help you:

  • understand your Levy spend and what it means for your organisation
  • manage your Levy payments
  • identify eligible apprenticeships relevant for organisation and assess the training you do now
  • understand all the training available to your organisation and develop your apprenticeship programme
  • plan, create and deliver successful apprenticeship programmes in a broad range of subject areas

Use it or lose it!

It has taken longer than expected for most organisations to access their apprenticeship levy funding and now is the time to get moving – before you start to lose it. Levy funds remain in your National Apprenticeship Service account for a maximum of 24 months, so from April 2019 you could start to lose funding that could be used to up-skill your new and existing employees.

Get in touch to find out we can help your organisation develop your Levy strategy.