Apprentices: Taxation
(asked on 2nd February 2017) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how much has been raised by the apprenticeship levy since it was established; and how much of that sum has been subsequently re-invested in apprenticeships.
This question was answered on 9th February 2017
The apprenticeship levy will come into effect in April 2017. By 2019-20, as set out in the OBR forecast, total UK spending is expected to exceed what we currently forecast to raise through the levy. Spending on apprenticeships in England will be £2.45 billion, and the Devolved Administrations will receive £460 million.