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  1. Dec 12, 2016 · Apprenticeship Levy is an amount paid at a rate of 0.5% of an employer’s annual pay bill. As an employer, you have to pay Apprenticeship Levy each month if you: have an annual pay bill of more ...

  2. Apr 5, 2019 · The levy is paid by large employers with a pay bill of over £3 million (they pay 0.5% of their total annual pay bill). Currently, only 2% of employers pay the apprenticeship levy, but this ...

  3. Mar 28, 2024 · an employer who pays the levy can use towards an individual apprenticeship from their apprenticeship service account; the government will co-invest towards the apprenticeship where an employer:

  4. Mar 10, 2023 · What is the levy and how does it work? The apprenticeship levy is paid by large employers with a pay bill of over £3 million. Currently, only 2% of employers pay the levy, which is set at a rate of 0.5% of their total annual pay bill. Every employer who pays the levy has a digital account where they can access their levy funds to spend on ...

  5. levy-paying employer is accessing government-employer co-investment. If you are a levy-paying employer participating in the new apprenticeship programme, you must operate within the terms and conditions of your apprenticeship employer agreement. The employer agreement is with the Secretary of State for

  6. This is defined by Industrial Training legislation. Levy rates for the 2024 Levy Assessment are proposed as 0.35% for PAYE and 1.25% for Net CIS under the 2025 Levy Order which will be confirmed in Spring 2025. There are some exemptions and reductions in the levy for small employers. Find out more about levy rates and how they are assessed.

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  8. The Levy is charged at 0.5% of an employer’s ‘paybill’ - which is classified as total earnings liable to employer Class 1 NIC. The classification includes earnings for employees aged under 21 and apprentices under 25. For Levy purposes, the employer will be the organisation that has a liability. There is an annual allowance of £15,000 ...

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