Any business that has a salary bill in excess of £3 million, or is connected to other companies or charities through employment allowance, which in total have an annual salary bill of more than £3 million, will pay into the Apprenticeship Levy each month.
There are various ways businesses can utilise their levy funds, one being to recruit an apprentice. Recruiting an apprentice is the perfect way to bring new talent into a team. Apprentices are enthusiastic and ambitious individuals who can bring a completely new dynamic to any business.
Alternatively, apprenticeships are a highly accessible and affordable means of training existing employees. Developed with employers in mind, each course has been created to match the skills required to excel in a particular field and role.