Apprentices: Taxation

(asked on 4th May 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 28 April 2016 to Question 35476, whether the apprenticeship levy will be at the rate of 0.5 per cent on employers' pay bills over £3 million in (a) 2017-18, (b) 2018-19 and (c) 2019-20.


Answered by
Greg Hands Portrait
Greg Hands
This question was answered on 9th May 2016

Tthe 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. As with all policies, the government will keep the apprenticeship levy under review.

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