Apprenticeships

Apprenticeship levy

As part of the government apprenticeship reforms, employers now have to pay an apprenticeship levy tax for payroll costs above £3 million per annum.

This is aimed at supporting the government’s key strategic and electoral target of delivering three million apprenticeships during the five-year lifetime of the current parliament. You can find out more about the levy at www.gov.uk 

The introduction of the levy has prompted a number of employers in the retail sector to think about how they might use the levy accounts within their own businesses. 

What’s new?

  • Apprenticeships will be funded via the apprenticeship levy for employers with a pay bill of over £3 million.
  • The new standards are employer-led to ensure that training and skills development are aligned to industry need.
  • The standards outline the knowledge, skills and behaviors required for an apprentice to be fully competent in their role. 
  • The transition from ‘frameworks’ to ‘standards’ gives employers greater flexibility of delivery, with the option of integrating in-house training that is mapped to an apprenticeship qualification.
  • Apprentices will need to complete an independent end-point assessment to achieve their qualification, focused on outputs as opposed to inputs.  

How can we support you?

We’re here to guide you by:

  • Providing impartial guidance, support and advice.
  • Helping you to understand what the levy means for your business and the options that are available.
  • Offering the latest updates on the levy announcements.
  • Supporting you in finding the right provider to deliver your provision through our network of trusted providers.
  • Hosting events and workshops to give an overview of the reforms, the levy and what it means for your business.
  • Facilitating the development of the new apprenticeship standards for retail.

Enquire