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From April 2018, ESFA plan to allow levy-paying employers to transfer funds to other employers, through the apprenticeship service. Levy-paying employers will initially be able to transfer up to 10% of the annual value of funds entering their apprenticeship service account. They will be able to transfer funds to any employer and will have to agree … Continue reading Transferring apprenticeship levy funds to another employer
The ESFA is continually making improvements to the apprenticeship service to help employers make the most of their apprenticeship levy. Are you using the levy to its full potential for training your workforce? Recent updates on the service include: • employers being able to view an apprentice’s unique learner number (ULN), which will help when trying … Continue reading Latest improvements to the apprenticeship service
The register lists the organisations that are approved to deliver apprenticeship training to employers using the apprenticeship service. To be eligible to deliver apprenticeship training for apprenticeships, organisations must be listed on the register of apprenticeship training providers (RoATP). Organisations that are listed on the RoATP have been through an application process with the SFA … Continue reading Apprenticeship training providers
Apprenticeship Levy is charged at 0.5% of your annual pay bill. You can use HMRC’s Basic PAYE Tools to help you work out how much you need to pay. For the first month of the tax year: Divide your Apprenticeship Levy allowance by 12. Subtract this figure from 0.5% of your monthly pay bill. For … Continue reading Levy – Calculate what you owe