1. What and when?
The apprenticeship levy on UK employers, to fund new apprenticeships, comes into force on 6 April 2017. It will be charged at 0.5% of businesses’ annual pay bill. Every employer will be granted a ‘levy allowance’ of £15,000 per year to offset against their levy payment, meaning that funds will be paid only by employers with a payroll of more than £3m.