Tag Archives: Apprenticeship

Increase to National Minimum Wage and National Living Wage

From 1st April 2018 all employers will need to comply with the new National Minimum Wage and National Living Wage rates. The government is committed to increasing the National Living Wage annually with plans to further increase the new wage to £9 per an hour by 2020. This rise will effectively require 6% year-on-year increases. […]

The Apprenticeship Levy and the New Apprenticeship Service

Coming into effect from April 2017, the obligatory apprenticeship levy applies to all UK employers.  Businesses with an annual pay bill over £3 million, will be required to contribute 0.5% of their bill, as an additional tax through PAYE. An allowance of £15,000 against the levy is available to each employer.  To reiterate, those with […]

What is the new Apprenticeship Levy and how will it impact business?

From April 2017, employers with a wage bill of £3 million or more will pay a 0.5% levy to fund future apprenticeships into 2020.  In exchange for this contribution eligible employers will receive a £15,000 allowance – available through the Digital Apprenticeship Service (Online tools will be available over the next year, and users will be able […]