Use the Apprenticeship Levy calculator below in order to estimate how much your organisation will be paying towards an Apprenticeship monthly. It would be useful to know your organisation’s annual UK payroll.
The Apprenticeship Levy started on the 6th April 2017. Since then, employers in any sector with an annual payroll of over £3 million have to pay a Levy charged.
If you have a payroll over £3 million then you’ll be using your Apprenticeship Levy to pay for the training. It can be quite complex and you may or may not pay for your training if you’re unsure please give us a call and we can explain how it works for you.
Your Levy funds are available to spend in England. Additionally, the government will apply a 10% top-up to your available funds to invest in Apprenticeship training in England.
A high percentage of our Apprenticeships are aged 16-18. With many of our young learners being recent school leavers, they may have little to no experience within a work environment. With a 92% success/completion rate and a 94% rate of repeat customers, NowSkills can proudly say that it is very rare that employers find trouble with their Apprentices. However, employers must be aware that there is always a possibility.
We understand these commitments come with their own risks. We also know what you invest in an Apprentice now will, long-term, sharpen your business’s competitive edge. It will also grow your bottom line significantly.