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Why you should take on a Finance apprentice

In this short video (2:35) we show how an apprentice can have a positive impact on your business.

What is the Apprenticeship levy?

The levy is a type of tax paid by all UK businesses that have a payroll bill of over £3 million annually. Every month you’ll need to pay 0.5% of the payroll which then goes into a levy account. You can use the funds accumulated to invest in training an apprentice to support your business.  Make sure you spend it within two years, otherwise you’ll lose it as a tax.

Don’t worry if you’ve used up your funds, the government will still pay 90% of the remaining costs, so you’ll only have to cover 10% of training. If your business doesn’t pay the levy, the government will also cover 90% of the training costs.

Find out more

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Ready to access the levy?

Are you ready to use your levy funds to train an apprentice?

We’ve written a step by step guide to how to set up your TAS account.

Download guide

Apprenticeship Levy funding system brochure

Apprenticeship Recruitment Service

So now you’re looking to train an apprentice and access your levy. If you choose us as your training provider, we offer a free recruitment service. Our experienced team will search for the perfect apprentice to suit your business.

Find out more

job interview

Apprenticeships Insights

Corporate man in a suit

How to become a CFO

  • Article
If you’re aspiring to become a CFO, what exactly is it, and what do you need to do?

To discuss your Apprenticeship needs…

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0161 259 7400

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