Apprenticeship Levy UpdatePosted in : Immigration and Employment Updates on 8 December 2016 Issues covered:
The Government is committed to boosting productivity by investing in human capital by introducing an Apprenticeship Levy (“the Levy”) on all employers (in both the private and the public sectors) in the UK. The hope is that this will increase the quantity and quality of apprenticeships. It will also save the Government approximately £3bn per year as it passes the cost of training on to employers. The legislative provisions for the Levy are contained in Part 6 of the Finance Act 2016 and it will have effect on and after 6 April 2017.
It has been reported that 2million additional jobs are expected to require higher level skills by 2022. The Levy is intended to play a major role in addressing
Already a subscriber?
Click here to login and access the full article.Log in now to read the full article
Don't miss out, start your free trial today!
Are you fully aware of the benefits of Legal-Island's Employment Law Update Service? We help hundreds of people like you understand how the latest changes in employment law impact on your business.
Help understand the ramifications of each important case from NI, GB and Europe
24/7 access to all the content in the Legal Island Vault for research case law and HR issues
Ensure your organisation’s policies and procedures are fully compliant with NI law
Receive free preliminary advice on workplace issues from the employment team at Worthingtons Solicitors
This article is correct at 08/12/2016
The information in this article is provided as part of Legal-Island's Employment Law Hub. We regret we are not able to respond to requests for specific legal or HR queries and recommend that professional advice is obtained before relying on information supplied anywhere within this article.