The Economy, Infrastructure and Skills Committee carried out an inquiry into Apprenticeship Levy.
The aims of the inquiry were to hear the views of employers about the impact of the UK Apprenticeship Levy, to identify any cross border issues and to gauge employers’ and stakeholders’ reaction to the Minister for Skills and Science’s response to the levy and the funding of apprenticeships in Wales.
The UK Apprenticeship Levy is a UK Government levy that is due to come into force from 6 April 2017. All employers (Public and Private) with a pay bill of more than 3 million each year will pay the levy. The levy rate is 0.5% of the employers' pay bill based on total employee earnings excluding payments, such as benefits in kind. Employers will have a levy allowance of £15,000 per year to offset against the levy which is paid to HM Revenue and Customs through PAYE process.
The Committee looked at the following issues:
Business type: Committee Inquiry
Reason considered: Assembly Business;
First published: 10/11/2016