What Is The Apprenticeship Levy?
The premise is that these funds are used to fund the development and delivery of apprenticeships.
If you’re an employer in the UK with a wage bill in excess of £3 million then you are required to pay 0.5% of your payroll bill into a central “levy pot” which is then used to fund apprenticeships throughout your organisation.
If you’re a non-levy paying SME you can still benefit from Apprenticeships because the government will fund 95% of the cost for you.
Below is some further information for levy and non-levy employers.
The levy is:
your PAYE system
Accessed through your
online digital account
Used to pay for
Used to pay for
Can transfer 25%
to other employers
How To Get Funding For Your Apprenticeships
You can receive 95%+ funding from the government if you have a wage bill less than £3 million.
The government will also pay 100% of the training fees for apprentices aged 18 or under if you employ less than 50 employees.
Maths and English at level 2 are required to complete an apprenticeship but don’t worry if you have any employees that do not meet that criteria because there is fully funded training to help them get up to the standards that are required.
View our existing training programmes and those we have in the pipeline.
Information for employers about our apprenticeships and what MTD are about.
Got any questions? Please contact us to talk to one of our experts.
Get In Touch!
If you have got some training requirements in mind please call us on 0333 320 2883 or complete the online form below and tell us about what they are and we’ll get back to you with some options and costs.