Apprentices: Taxation

(asked on 25th April 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether he plans to maintain the apprenticeship levy rate of 0.5 per cent on employers' pay bills over £3 million until 2020.


Answered by
Greg Hands Portrait
Greg Hands
This question was answered on 28th April 2016

The government has confirmed that the apprenticeship levy will be set at a rate of 0.5% of company paybill and every employer will have a £15,000 allowance to offset against their levy liability. In practice, this means only employers with paybills greater than £3million will pay the levy.

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