01432359244
  • About
    • Why Choose Riverside?
    • Awards and Recognition
    • Riverside Mission and Values
    • Meet The Team
    • Work With Us
    • Policies
  • Learners
    • AAT Assessment Centre
    • FAQs: Learners
    • Apprenticeship Vacancies
    • Celebrations
    • Learner case studies
    • Learner Journey
    • NUS-approved student discount card – TOTUM
    • Safeguarding
  • Employers
    • Wiley
    • Schools and Nurseries
    • FAQs: Employers
    • Apprenticeship Levy
    • Remote Delivery Features and Benefits
    • Employer Journey
    • Apprenticeship Recruitment
    • Apprenticeship Training
    • 20% off-the-job
  • Testimonials
    • From our Employers
    • Client case studies
    • From our Apprentices and Learners
    • Feedback forms
  • News
    • Hold the Front Page! Riverside’s news bulletin.
    • From Our Perspective
    • Monthly Staff Awards
    • Newsletters
  • Qualifications
    • Accounting
    • Business Administration
    • Customer Service
    • Dental Nurse
    • Early Years Education
    • Human Resources
    • Learning and Development
    • Management
    • Marketing
    • Sports & Health
    • Teaching & Coaching
  • Innovation
    • BUD Platform
    • Cognassist Platform
    • bksb platform
    • Articulate 360 Platform
    • Bee Inspired Relationship
    • Learning Programme Feedback and Amendments
    • Subcontractor Relationships
  • Contact
    • Safeguarding
  • Close
  • About
    • Why Choose Riverside?
    • Awards and Recognition
    • Riverside Mission and Values
    • Meet The Team
    • Work With Us
    • Policies
  • Learners
    • AAT Assessment Centre
    • FAQs: Learners
    • Apprenticeship Vacancies
    • Celebrations
    • Learner case studies
    • Learner Journey
    • NUS-approved student discount card – TOTUM
    • Safeguarding
  • Employers
    • Wiley
    • Schools and Nurseries
    • FAQs: Employers
    • Apprenticeship Levy
    • Remote Delivery Features and Benefits
    • Employer Journey
    • Apprenticeship Recruitment
    • Apprenticeship Training
    • 20% off-the-job
  • Testimonials
    • From our Employers
    • Client case studies
    • From our Apprentices and Learners
    • Feedback forms
  • News
    • Hold the Front Page! Riverside’s news bulletin.
    • From Our Perspective
    • Monthly Staff Awards
    • Newsletters
  • Qualifications
    • Accounting
    • Business Administration
    • Customer Service
    • Dental Nurse
    • Early Years Education
    • Human Resources
    • Learning and Development
    • Management
    • Marketing
    • Sports & Health
    • Teaching & Coaching
  • Innovation
    • BUD Platform
    • Cognassist Platform
    • bksb platform
    • Articulate 360 Platform
    • Bee Inspired Relationship
    • Learning Programme Feedback and Amendments
    • Subcontractor Relationships
  • Contact
    • Safeguarding
  • What is The Apprenticeship Levy?

    Download your Levy calculator now!

    Download now or How to maximise your Levy!

    Everything you need to know about the Levy

    What is the Apprenticeship Levy?

    The Levy is a UK tax that was introduced in April 2017 for companies with an annual wage bill in excess of  £3 million.  The Levy is charged at a rate of 0.5% with each employer receiving an annual allowance of £15,000 to offset against their Levy payment.

    The Levy is payable to HMRC through the pay-as-you-earn process alongside payment of income tax and national insurance contributions which then is held in a Digital Apprenticeship Service (DAS) account.

    Funds of which are paid into the DAS account will be available to spend on Apprenticeship Training for 24 months from the date of payment. All funds that are not spent after this period will expire and will be reclaimed by HMRC and this includes the 10% contribution.

    The Levy objectives

    • To give the employer control over the funding of Apprenticeships
    • To manage which employees the Apprenticeship Levy funds are spent on
    • To provide additional incentives to support 16-18 year olds enrolling onto an Apprenticeship
    • To encourage organisations to recruit Apprentices to bring new skills and staff into the business
    • To increase staff performance and retention within an organisation paying into the Apprenticeship Levy
    • To increase quality in qualifications being delivered

    Key Facts about the Levy

    • 0.5% is calculated on your full UK payroll bill not just the amount over £3,000,000
    • You have 24 months to spend money from your Levy account for the day funds are put into your Digital Apprenticeship Service Account (DAS)
    • You will get an allowance of £15,000 per tax year which is offset to the Levy payment made
    • As an employer, you will receive an incentive of £1000 if you take on an Apprentice between the ages of 16-18 years old. A payment of £500 will be made after 3 months and a further £500 on completion
    • The Apprenticeship Levy can be used for all your employees no matter what age as long they meet the requirements of the Skills Funding Agency (SFA)
    • All unused Levy spend will expire after 24 months of payment into the account
    • Once the organisation has spent their Levy funds available they will then only have to pay a 5% co-investment towards the qualification of which the employee is going to enrol onto

    Sharing your Levy funds

    You are able to share your Levy funds, but only 25% of the employer contribution can be shared between other Levy paying companies and can be distributed between as many companies as you like.

    Calculating your Levy spend

    The Apprenticeship Levy applies to all organisations in the UK. The amount of money that is paid into your Apprenticeship service account will be the amount of which you will have to spend on training in England. The government will apply a 10% contribution into your Levy account and this can also be spent on Apprenticeship training in England. The top up will be applied to the DAS account monthly and based on your wage bill for that month that will determine how much is allocated to your account. This means for every £1 that is contributed into the account you will get £1.10 which includes the government contribution.

    What does Non Levy mean?

    Any employers who have a wage bill less than £3,000,000 fall into this category.

    The employer only pays a 5% Contribution towards a full Apprenticeship Standard, the remaining 95% is funded by the government.

    The government have issued an incentive for employers who take on an Apprentice between the age of 16-18 years old. The incentive is a £1000 grant for the year. £500 is paid to the employer after the Apprentice completes 3 months of their Apprenticeship and the final £500 is paid upon completion.

    Speak to a specialist today!



    Satisfaction Survey Results

    96% Employer Satisfaction

    86% Learner Satisfaction

    Leah Coulson – Level 3 Management

    Level 3 Team Leader Supervisor Case Study
    Read more

    Fiona Harrison

    Fiona Harrison - NHS - Case Study
    Read more

    Lucia Hinksman

    Lucia Hinksman - Community Midwife - Wye Valley NHS Trust
    Read more

    See what else we can help you with

    Commercial Training

    Get the most out of your career with our accredited APM PMQ commercial training
    Learn More

    Apprenticeships

    Become an Apprentice and get the most out of your career and increase your knowledge
    Learn More

    Levy

    Utilise your Apprenticeship Levy account to maximise your staff potential
    Learn More

    Speak to a training specialist

    Speak to our friendly team today to find out what options are available for you and your business.

    Alternatively, take a look at any of the below:
    Qualifications
    Apprenticeship Vacancies




      Address

      • Riverside Training Ltd
      • 4-6 St Martins Street
      • Hereford
      • Herefordshire
      • HR2 7RE

      Important Links

      • Policies
      • Safeguarding

      Contact Us

      01432 359244

      hello@riverside-training.co.uk

      Social

      • Facebook
      • Twitter
      • LinkedIn
      • Instagram