This guide provides a comprehensive overview of the Apprenticeship Levy, a mandatory tax designed to support apprenticeship training initiatives. It covers the basics of the levy, including its threshold and rate, the levy allowance, and the payment process. The guide also explains how employers can get started with the levy, utilise their funds effectively, and maximise benefits through government incentives and co-investment opportunities. Additionally, it outlines the important funding rules and considerations, emphasising the necessity of adhering to regulations and the consequences of unused funds expiring after 24 months.
