Apprentices: Taxation

(asked on 10th March 2016) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Innovation and Skills, pursuant to the oral contribution of the Minister for Skills of 10 March 2016, whether the £1.5 billion raised by the apprenticeship levy in England referred to will be part of the £2.5 billion for 2019-20 or additional to it.


Answered by
 Portrait
Nick Boles
This question was answered on 16th March 2016

By 2019-20 we expect the apprenticeship levy to raise £3 billion annually. We expect to spend £2.5 billion on apprenticeships in England. This is an increase of £1 billion on the £1.5 billion committed to apprenticeships in 2015-16.

This increase in expenditure demonstrates the importance that the Government places on high quality apprenticeships in supporting employers and growth of the economy.

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