Levy Calculator More Info

Apprenticeship Levy Calculator

The Apprenticeship Levy is a significant change to skills development and funding. Employers with an annual pay bill over £3 million are required to pay the Levy at 0.5% each month. Your levy amount, and additional government funds, can then be accessed for training and assessment on approved apprenticeship schemes. Use the Apprenticeship Levy calculator to get a sense of cost and available funds just type in your annual salary bill and we will calculate your approximate annual levy payment.

e.g. For £4 million enter 4000000

Finding the right Apprenticeship Training Provider

In May 2017 the Government changed the way it funds apprenticeships. Companies with wage bills of over £3m are now subject to a levy. Those companies can recoup money from that levy by offering apprenticeships for roles within their organisation. These apprenticeships must be through accredited providers. The Government has published this list and will be updating it as new providers are accepted. You can read more about the new apprenticeship funding scheme here.

Training Provider

If you are a training provider on this site, we’d love to add more detail about your organisation. Similarly if any details are incorrect, please get in touch via altp@bulletdigitalsolutions.co.uk

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