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6th January 2019

Third of businesses view apprenticeship levy as a tax

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  • Third of businesses view apprenticeship levy as a tax

According to a survey from YouGov, which surveyed 2000 employees and 1000 senior decision makers, a significant proportion of businesses continue to view the apprenticeship levy primarily as a tax. The levy requires all UK employers in the public or private sector with an annual wage bill of £3 million or more to pay  0.5% of their annual bill into a fund which can be spent on apprenticeships and other eligible training. Results from the survey found:

  • 29% of employers who were aware of the levy viewed it as a tax on business.
  • 38% of employers and 58% of staff said they still knew nothing about the levy.
  • 31% of businesses that offered formal training said the levy made no difference to the nature of the training they offered.

You can read the full People Management article here.