THE LEVY EXPLAINED
NON – LEVY PAYERS
Less than 50 employees
and a salary bill of
<£3m
Fully Funded
FREE
training
for 16-21 year olds
Funding available to
train up existing staff
or recruit apprentices
21+ year olds will
receive 95% funding
£ 1000
cash incentive for
recruiting an
apprentice aged
16-18
NON – LEVY PAYERS
More than 50 employees
and a salary bill of
<£3m
Contribute
5%
of total training
costs
Funding available to
train up existing staff
or recruit apprentices
(Even those at degrees level)
£ 1000
cash incentive for
recruiting an
apprentice aged
16-18
LEVY PAYERS
Have a salary bill of
£3m>
Contribute
0,5%
of your annual
salary bill into the
apprenticeship levy
Train existing staff
or recruit apprentices using funds in your apprenticeship serive account.
These expire after 24 months.
Get out more
than you put in!
For every £1 deposited
in your apprenticeship
service account,
10% top up will be added.
Plus 15K allowance.
