The apprenticeship levy requires all employers operating in the UK, with a pay bill over £3 million each year, to invest in apprenticeships.
To find out how the apprenticeship levy will work, an explanation of the principles that apprenticeship funding will operate, whether you pay the levy or not - visit the official government website for the full details.
We've picked out some of the key features to help you understand the levy and information on how you can find an apprentice through West Herts College.
The Apprenticeship Levy 2017
- All employers operating in the UK, with a pay bill over £3 million each year, will be expected to invest in apprenticeships
- Your annual pay bill is all payments to employees that are subject to employer Class 1 secondary National Insurance contributions (NICs) such as wages, bonuses and commissions
- Employers who aren’t connected to another company or charity will have an Apprenticeship Levy allowance of £15,000 each year
- Apprenticeship Levy is charged at 0.5% of your annual pay bill. You can use HMRC’s Basic PAYE Tools to help you work out how much you need to pay
- Once you have declared the levy to HMRC, you will be able to access funding for apprenticeships through a new apprenticeship service account
- Through the online apprenticeship service all employers will be able to select an apprenticeship framework or standard
Choosing an apprentice
- Once you have found your desired apprenticeship framework or standard, you will be able to search by proximity to your business. If West Herts College offers an apprenticeship in your desired area, we will appear on the search results
- Select West Herts College and then you will be able to find out specific information about the apprenticeship provision, including what your apprentice will be able to contribute, how much they will be required to be paid and suggested job roles
- You can then either register your interest online through the apprenticeship service or contact us directly by phoning 01923 275700 or emailing Louise.Thurston@westherts.ac.uk
- The College will then shortlist apprentices and send you the best to meet and interview, once you are happy with your apprentice we will work with you to arrange a start date, regular support and visits from our training consultants and outline clearly what we require from you as an employer for the apprentice to successfully complete their apprenticeship
Employers that don't pay the levy
- If you do not pay the levy, you won’t need to use the apprenticeship service to pay for apprenticeship training and assessment until at least 2018
What is an apprenticeship?
- An apprenticeship is a genuine job with an accompanying skills development programme. Through their apprenticeship, apprentices gain the technical knowledge, practical experience and wider skills they need for their immediate job and future career
- the apprentice must be employed in a real job; they may be an existing employee or a new hire
- the apprentice must work towards achieving an approved apprenticeship standard or apprenticeship framework
- the apprenticeship training must last at least 12 months
- the apprentice must spend at least 20% of their time on off-the-job training - this training must be directly relevant to the apprenticeship framework or standard
If you still have questions, we're here to help. Please call our dedicated apprenticeship team on 01923 275700 or email Louise.Thurston@westherts.ac.uk