Location: Northern Ireland
Rep.of Ireland
Location: Northern Ireland
Rep.of Ireland
Home / Articles / Apprenticeship Levy Update

Apprenticeship Levy Update

Posted in : Immigration and Employment Updates on 8 December 2016
Michael Black
Cleaver Fulton Rankin
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

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This article is correct at 08/12/2016
Disclaimer:

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.

Michael Black
Cleaver Fulton Rankin

The main content of this article was provided by Michael Black. Contact telephone number is 028 9024 3141 or email m.black@cfrlaw.co.uk

View all articles by Michael Black