Apprenticeship levy raises concerns, says NFDA
In April 2017 a new apprenticeship levy will be introduced with the purpose of increasing the quality and number of apprenticeships across UK. Employers with a wage-bill of less than £3 million will not pay the levy, whereas those with a wage-bill of £3 million or more will have to contribute at a rate of 0.5 per cent of their pay bill. However, the first £3 million of the payroll will be excluded by a discount that will give some relief, in line with smaller businesses.