Apprenticeship Levy Employers with payrolls of £3m and above now have to pay a levy of 0.5% of their pay bill to help fund 3 million additional apprenticeships over the next five years. The aim is to increase job opportunities for people aged between 16 and 24. The annual pay bill is defined as comprising of total payments to employees that are subject to Class 1 secondary National Insurance Contributions. …Read More
Tag Archives: National Minimum Wage and National Living Wage