What is the Apprenticeship Levy?

[vc_row][vc_column width="2/3" css=".vc_custom_1482321337664{padding-right: 10% !important;}"][vc_empty_space][vc_column_text el_class="textsize"] What is the Apprenticeship Levy? Employers with an annual pay bill of more than £3 million will be required to spend 0.5 per cent of the total on the levy. Sounds simple enough; however, the Government is also introducing a 'levy allowance' of £15,000 per year, which will be subtracted from the 0.5 per cent total. While the levy is being introduced in April, payments are set...