With high hopes for three million future apprenticeship starts, the Government’s introduction of the Apprenticeship Levy is coming into force this May and we are excited to be a part of the contribution of developing skilled workforces across the North West of England.
Those Employers who have a UK pay bill exceeding £3M will be required to pay 0.5% of the total amount which will be payable to the HRMC through the pay as you earn system (PAYE). Employers who are required to pay the levy will have access to funds they have paid in via a new online portal called the Digital Apprenticeship Service (DAS). They will also receive a 10% top-up from the Government to their total monthly contributions.
The Online Apprenticeship registration is now open to employers and can be accessed here which means that you can now register your company details to estimate how much you will have to pay. To register, employers will need their PAYE log-in details and Companies House details for their organisation and any associated trading entities that are eligible for the levy.
Planning for this change can be stressful and confusing, our team of experts are on hand to advise, support and provide detailed and structured planning, tailored for your business and training needs.
We work with businesses across the North West in a range of industries providing high quality training to develop your current workforce or provide a complimentary apprenticeship recruitment service for your business needs.
If you are looking for a registered and recognised apprenticeship training provider and are based in the North West then please get in touch with us on 01244 678100 or email [email protected]