Government proposes apprenticeship levy

World Class Norfolk campaign

The government has confirmed that the way it funds apprenticeships will change next spring.

It is proposing a new funding model to help it reach its investment target of £2.5m in apprenticeship training by 2020.

Large employers with a payroll of over £3m will be liable to pay. 

The levy will be charged at a rate of 0.5% of the businesses annual "pay bill".

"You will have a levy allowance of £15,000 per year to offset against the levy you must pay.

"This means you will only pay the levy if your

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