Making the Apprenticeship levy work for you
Blog Author: Sean Williams, CEO of Corndel
The term ‘Apprenticeship Levy’ may sound daunting, but it can actually be a great opportunity for business…..
If you have a UK payroll of over £3 million per annum you will have noticed that you now face a 0.5% payroll tax (it came in last year). No-one likes taxes but this one can be hugely beneficial to businesses that use the tax intelligently. And with many businesses not spending it there’s an opportunity to get most of the cost of exciting staff training covered by the Levy.
Many businesses have been put off using the Levy because of the bureaucracy surrounding it but a new breed of innovative training providers is finding ways to support companies to use the Levy to drive tangible, bottom-line gains.