Apprenticeship Levy Infographic

Click here to view our Apprenticeship Levy Infographic.

 

Levy Payers

How much will I pay?

Employers with a wage bill of £3 million or more are required to pay into the apprenticeship levy. You will also receive an additional allowance of £15,000.

For example, if you’re an employer with a wage bill of £3,000,000, your levy sum will be £17,500. You’ll receive an allowance of £15,000 so your annual payment will be £2,750.

These funds will be added to your Digital Apprenticeship Service (DAS) account along with a 5% top-up from the government as digital vouchers.

You can create a DAS account here.

As a levy-payer, you can pay for apprenticeship training via your DAS account. Once your digital vouchers have been spent, any additional apprenticeship training will be 95% funded by the government and you will contribute the remaining 5%.

Any un-spent digital vouchers will be lost after 24 months and used to fund apprenticeship training for non-levy paying employers.

 

Non-Levy Payers

As a non-levy paying employer, the government will fund 95% of the cost of your apprenticeship training and you will pay the remaining 5%.

If you employ less than 50 members of staff and you recruit an apprentice aged 16-18, your apprenticeship training will be fully funded by the government.

Grant funding may also be available.

 

Get in touch

If you’re unsure if you are a levy paying employer or would like to discuss how to make the most of your levy contribution, contact a member of the Business Development Unit on business@stockton.ac.uk or 01642 865 577.

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