Apprentices: Taxation

(asked on 10th April 2019) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether the amount employers pay into the apprenticeship levy will increase in (a) 2020, (b) 2021 and (c) 2022; and if he will make a statement.


Answered by
Mel Stride Portrait
Mel Stride
Shadow Chancellor of the Exchequer
This question was answered on 23rd April 2019

The Apprenticeship Levy was introduced on a UK wide basis from 6 April 2017. Employers are charged at 0.5% of their pay bill over £3 million. The latest receipts forecast for the Apprenticeship levy is published by Office for Budget Responsibility which can be found online at:

https://obr.uk/efo/economic-fiscal-outlook-march-2019

In 2019-20, 2020-21, and 2021-22, it is forecasted that employers will pay £2.8bn, £2.9bn, and £3.1bn respectively into the Apprenticeship Levy.

Reticulating Splines