The aim of the levy is to create more new apprenticeships in order to support productivity and growth. Choosing the right apprenticeship will create improved profitability for businesses.
The Apprenticeship Levy is not just there to pay for the young apprentices you may set on each year. It is a tax to fund all apprenticeships and your organisation will pay it whether you use it or not. Fortunately, apprenticeship frameworks are designed for all ages and are very flexible. Given the right assistance, your organisation can use its Levy pot to fund valuable programmes that benefit your workforce and your business such as the new Improvement Technician, Improvement Practitioner, Improvement Specialist and Improvement Leader.