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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.

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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.

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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.

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Apprenticeships Insights

One trophy is good, but two are ‘learn’ better: PQ Awards 2024

Apr 24, 2024, 13:12 PM by Katy Thomason-Stewart
We are delighted to announce that we won two awards this year for the PQ Magazine Awards 2024.

We were extremely honoured to attend the PQ Magazine Awards 2024 after finding ourselves as finalists in four categories. The evening was held at Lio London in London, where professionals in the accounting and finance industry gathered from around the country to recognise each other’s success.

The votes are in…

We had a very successful evening at the PQ Awards and were delighted to be finalists for four award categories. Winning two out of the four, we are proud to announce that we are the 2024 PQ Magazine Award winners for…

Accountancy College of the Year (Private sector)
The success of every learner is right at the heart of Kaplan and drives everything we do. As a training provider, we are working hard to promote and support diversity, not only for our own learners but for the accountancy sector as a whole. Therefore, we are honoured to receive such a prestigious award.

 

Podcast of the Year - Kaplan’s Learn Better podcast
The Learn Better Podcast continues to grow in popularity and expert opinions. Our host, Stuart Pedley-Smith, speaks with experienced and knowledgeable guests to provide all of the answers our listeners need to hear regarding a career in accounting and finance.

Kaplan’s nominations

Aside from the Accountancy College of the Year and Podcast of the Year categories, we also found ourselves as finalists for…

Best use of social media - Kaplan’s Career Goals YouTube web series
Career Goals is our brand new YouTube web series, established in 2023, where we meet a diverse range of guests to inspire and educate our audience about the truths and realities of working in those ‘dream job roles,’ as well as debunking any myths about the accounting, finance, data and technology industries.

Ultimately, the series sets out to convey the message that anyone can reach their career goals, so we are very proud to see the show as a finalist for the category less than a year of beginning.

Accountancy lecturer of the year (Private sector) - Maria Yearsley
Described as a ‘real credit to Kaplan,’ Maria’s commitment to inclusive education and mentorship for our learners is just one example of why she was such a deserving finalist this year.

Our thoughts

After the ceremony, we caught up with our CEO for Kaplan UK, Kathy Walton to hear her thoughts:

“It’s great to see Kaplan get the PQ Award (again!) for Accountancy College of the Year. The feedback we get from our learners gives me as C.E.O. the reassurance that we continue to provide the same stellar learning experience that I experienced as a student, but an award like this is the cherry on the cake.”

Congratulations to all of the other award-winners and finalists at the 2024 PQ Magazine Award event!

Listen to our Learn Better podcast

All episodes of the Learn Better Series can be found on:

If you are interested in starting your studies and working towards an exciting career in accountancy and tax, browse our courses, or get in touch with our team at studentservices@kaplan.co.uk or on 0161 259 7400.

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