Although Apprenticeship week is coming to a close, many organisations still find the Apprentice Levy to be a conundrum. Fewer than four in 10 (37%) eligible businesses fully understand the apprenticeship levy, according to research by Evolve Learning Group and West London College.
The questions that commonly arise are:
- What is the levy?
- Who has to pay the levy?
- How is the levy calculated?
- How will the levy work?
- What about apprenticeship funding for businesses that do not have to pay the levy?
Why not visit the Government website and familiarise yourself with its inner-workings.