Apprentices: Taxation

(asked on 4th December 2017) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, whether businesses can transfer their apprentice levy vouchers to smaller businesses in their supply chain.


Answered by
Anne Milton Portrait
Anne Milton
This question was answered on 7th December 2017

From April 2018, we plan to allow levy-paying employers to transfer up to 10% of the annual value of their funds to other employers, including to smaller employers in their supply chain through the apprenticeship service. The 10% refers to the maximum amount of funds a levy-paying employer can transfer. State aid rules apply to transferred funds which mean that the maximum amount that an organisation can receive is €2 million over 3 years.

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