ACT - The Association of Christian Teachers

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Apprenticeship levy has started.

Apprenticeship levy has started.

The government is officially launching its apprenticeship levy today (6 April 2017) as part of the biggest shake-up of skills for a generation.

The levy will require all employers in the UK with an annual wage bill of over £3 million to pay 0.5% of it towards funding apprenticeships.

The money will be invested in quality training for apprentices and double the annual investment in apprenticeships in England to £2.5 billion by 2019 to 2020, compared with 2010 to 2011 levels.

Employers in England can set up an online account to manage their funds and invest in training for apprentices working for them - currently around 100 accounts are being set up every day. The government will then provide a further 10% top up to levy contributions each month into employers’ accounts.

Read more.

 

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