To be a levy payer, your organisation must have an annual payroll exceeding £3 million per year. If you do not meet this requirement, whilst you may not be a levy payer, you can still utilise the apprenticeship to upskill your people.

In the last few years, almost £3.5 billion of unused levy was reclaimed by the Exchequer. So why not utilise the funding where others are not? 

Every year we face the upward battle as L&D budgets become more limited as businesses look to reduce costs and allocate resources to other aspects of the business. The reality is that people will always need training as they advance their careers and are promoted into management and leadership positions.

To conserve budgets, more and more businesses are looking to offset their L&D costs by utilising the apprenticeship levy.

In the last few years, an estimated £3.5 billion of unused levy has been returned to the Exchequer.

This is money paid by UK businesses to upskill their people that has simply been lost to - what we believe - is a lack of understanding and confusion of what the levy is and how it can be used.

As a provider of ILM Level 3 & 5 Apprenticeships, let’s debunk a few myths right now…