The Apprenticeship Levy Planned for April 2017
Is your business prepared to employ an apprentice?
At this stage, most businesses fall into one of the categories below:
- We’re going to deliver the training ourselves.
- We’re going to outsource our training delivery.
- We’re going to do nothing with our levy.
- We’ve not made a decision yet.
Wherever your business fits in at this early stage, as London’s largest apprenticeship provider, Newham College can help your business generate the greatest return on your investment, and get the most out of the levy opportunity.
What we can do for you?
Newham College can offer support with the following services:
- No commitment consultation – A free informal chat about Apprenticeships and the levy.
- Training and inspection consultation – Rated Good by OFSTED, Newham College is in an excellent position to advise and guide other providers on pending inspections and accreditation assessments. We provide more apprenticeship training than any one else in London.
- Data management and processing – If you’re delivering your own training then you will need to return data to the government in a specific format.The college has years of experience in this field and can support your business processes or do the job for you.
- Delivery – Our dedicated apprenticeship team will manage all aspects of delivery, from recruitment to assessment.
What is the apprenticeship levy?
The government has outlined its commitment to creating 3 million apprenticeships by 2020. To achieve this target, the government will be introducing an apprenticeship levy from April 2017.
Addressing quality and quantity, the apprenticeship levy is designed to encourage and support employers at all levels to take on apprentices and improve the delivery of apprenticeships, tackling the skills gaps in the British workforce.
What will it cost my business?
Businesses of all sizes will have to pay towards apprenticeship training. What you pay or contribute will be determined by your company’s wage bill.
Businesses in the private and public sectors that have a wage bill of over £3million will have to make payments in the levy. Businesses with a wage bill under a £3million will need to make a financial contribution to new apprenticeship starts as of April 2017.
Get in touch with our dedicated apprenticeship department to discover how we could help your business:
Call: 0208 522 5759
Visit: Our East Ham Campus