Apprenticeships – Non Levy Payers
If your annual pay bill is less than £3 million you will not be required to pay the Skills and Growth Levy tax.
Paying for apprenticeship training
You will be required to make a 5% contribution towards the cost of the maximum funding availability for the particular apprenticeship – the government will pay the remaining 95% (this is called co-investment). The exception to this is if your apprentice is under 25 year of age, in this case the apprenticeship fees will be fully funded by the government.
You will also need to pay the balance of any additional training provider fees if these are applicable.
Example:
Apprenticeship ‘X’ offered by Training Provider ‘Y’
Maximum funding available: £10,000
The government contributes: £9,500
Your funding contribution £500
Additional training provider fees: £1,000
You pay (£500 + £1,000): £1,500
Key facts for Non Levy Payers:
- Your apprenticeship training will be funded via co-investment and employer contribution (meaning the government pay some and you pay some)
- You will need to choose apprenticeship training delivered by an approved provider – The College of Animal Welfare is such a provider.
- You will pay your chosen training provider directly and may have the option to spread out payments over the course of the apprenticeship.
If you would like to have a chat about apprenticeship training, please contact us and speak to a member of our team – we will be happy to talk you through your options, alternatively you can request a call back using the link below.
REQUEST A CALL BACK TO DISCUSS RECRUITING AN APPRENTICE HERE