Employers and connected companies with a total annual pay bill of more than £3 million, are liable to the Apprenticeship Levy, which is payable monthly. Employers who are not connected to another company or charity will have an annual allowance that reduces the amount of Apprenticeship Levy you have to pay. Apprenticeship Levy is charged at a percentage of your annual pay bill.
Apprenticeship Levy: Rates and Allowances
| 2018/19 | 2019/20 | 2020/21 | 2021/22 | |
| Apprenticeship Levy Allowance (per employer) | £15,000 | £15,000 | £15,000 | £15,000 |
| Apprenticeship Levy Rate | 0.5% | 0.5% | 0.5% | 0.5% |
