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The Apprenticeship Levy2017-07-28T14:38:20+00:00

What Is The Apprenticeship Levy?

In 2014, Prime Minister David Cameron made a pledge that the Conservative government would make changes to welfare allowance with a goal of funding three million new apprenticeships in the UK by the year 2020.

As part of the government’s ongoing commitment to tackling youth unemployment, Chancellor George Osborne made a surprise announcement in his 2015 Summer Budget, declaring that a new Apprenticeship Levy would come into practice to help fund apprenticeship training in the UK.

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SMEs: Small to medium-sized enterprises will no doubt want to make the most out of the government funding. An increased pot of money resulting from the levy means….

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Small to medium-sized enterprises or businesses (SMEs) surmount to around 5.4 million of UK businesses. This means that they make up the vast majority of businesses in Britain, and in doing so they play a vital role in the British economy…..

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In the last parliament, 2.3 million apprentices were trained in the UK. Therefore, the Apprenticeship Levy is an unsurprising initiative if the Conservative Party is to reach its target of training three million apprentices by the year 2020….

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In March 2015 ahead of the annual budget and as part of an ongoing shake-up to the way that apprenticeship schemes are delivered in the UK, it was announced by the government that 2017 would see the introduction of the ‘digital apprenticeship voucher’….

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“I am indebted to my father for living, but to my teacher for living well.”
Alexander the Great
“The secret of getting ahead is getting started.”
Agatha Christie

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