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Employers - let the Apprenticeship Levy Work for You

Employers - let the Apprenticeship Levy Work for You

The levy is charged at 0.5% of your annual pay bill and is paid through PAYE. The Government will apply a 10% top-up payment to funds contributed, which will be collectively accessible through an online account called the Digital Apprenticeship Service. Companies will create an account and both the levy and Government top-up will be processed monthly.

The funds must be used for apprenticeship training and assessment with an approved training provider and assessment organisation.

If your pay bill is less than £3 million, the Government will fund 90% of your apprenticeship training costs. If you have fewer than 50 employees, the Government will pay 100% of the costs for apprentices aged 16-18, and those aged 19-24 with an education and health care plan.

More information on the apprenticeship levy can be found on the Government’s website, click here.

To talk to a member of the college team about the apprenticeship levy and how the college can help with training your apprentices, email us at enquiries@nchsr.ac.uk or call us on 0330 120 0375.

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College of High Speed Rail

Our vision is to pioneer technical excellence, and our mission is to produce a new generation of highly-skilled professionals to lead Britain’s future rail industry.

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