Apprentices: Taxation

(asked on 23rd April 2018) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how much money has been raised from the Apprenticeship Levy by HMRC since its introduction in April 2017.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 26th April 2018

Monthly receipts data for the Apprenticeship Levy is published by HM Revenue & Customs in their Tax & NIC Receipts publication which can be found online at: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/701149/Mar18_Receipts_NS_Bulletin_Final.pdf

To date £2.3bn of the estimated 2017-18 liability has been received between April 2017, when the levy was introduced, and March 2018, the latest month for which data is available.

In their March 2018 Economic and Fiscal outlook publication, the Office for Budget Responsibility estimated that the apprenticeship levy liabilities would be £2.6bn in 2017-18. This can be seen at: http://cdn.obr.uk/EFO-MaRch_2018.pdf

The remainder of the 2017-18 liability is expected to be received in the April 2018 receipts.

Reticulating Splines