How much will I pay?
Employers with a wage bill of £3 million or more are required to pay into the apprenticeship levy. You will also receive an additional allowance of £15,000.
For example, if you’re an employer with a wage bill of £3,000,000, your levy sum will be £17,500. You’ll receive an allowance of £15,000 so your annual payment will be £2,750.
These funds will be added to your Digital Apprenticeship Service (DAS) account along with a 5% top-up from the government as digital vouchers.
You can create a DAS account here.
As a levy-payer, you can pay for apprenticeship training via your DAS account. Once your digital vouchers have been spent, any additional apprenticeship training will be 95% funded by the government and you will contribute the remaining 5%.
Any un-spent digital vouchers will be lost after 24 months and used to fund apprenticeship training for non-levy paying employers.
You can calculate your annual levy contribution here.