There has been a surge in demand for apprenticeships throughout 2016 – statistics released by the House of Commons earlier this year stated that there were 492,700 young people starting apprenticeship programmes, an increase of 12 per cent than in the previous year. The primary aim of the Apprenticeship Levy is to ensure that SMEs
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What does the apprenticeship levy mean for SMEs?
by Ben Lobel • • 0 Comments
Earlier this month the government confirmed that the apprenticeship levy will go ahead, despite calls from some business leaders for a delay. From 6th April 2017, all businesses with a wage bill of more than £3 million will be required to pay the apprenticeship levy, charged at a rate of 0.5 per cent of their annual bill.
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