£200m falling as gently as snow : Levy accounts are now active
Apprenticeship Levy Accounts credited This week sees another mini-milestone in the development of the new Apprenticeship Levy funding system; as Levy paying employers now have their first payment available to spend. This is because yesterday, falling as quietly as snow, c£200m was deposited into 20,000 levy accounts. (This initial ‘credit’ should be 0.5% of April […]Apprenticeship Levy Accounts credited
This week sees another mini-milestone in the development of the new Apprenticeship Levy funding system; as Levy paying employers now have their first payment available to spend.
This is because yesterday, falling as quietly as snow, c£200m was deposited into 20,000 levy accounts.
(This initial ‘credit’ should be 0.5% of April Payroll, minus any non-English pay, plus 10%.)
You can check your levy account here https://manage-apprenticeships.service.gov.uk/
If you haven’t yet set …