The apprenticeship levy has been created by HM Government to fund and encourage an increased uptake in apprenticeships. The levy is a ‘hypothecated tax’ on employers, this meaning that all proceeds of the tax will be used specifically for apprenticeships.
NSAR have developed an online Apprenticeship Levy Planner that is designed to model the apprenticeship programmes to best fit the needs of an employer.
The planner will produce a strategic apprenticeship resource plan that covers a multiple of years. The calculator is easy to use allowing employers to quickly see how to optimise its levy contribution and ensure that they are developing and investing in the right skills needed for the future.
For more information or to see how the NSAR Apprentice Levy Planner can help you click here.