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Part 6 of Finance Act 2016

Part 7A of the Income Tax (Pay As You Earn) Regulations 2003聽(SI 2003 No 2682)

Each employer has an annual Apprenticeship Levy allowance of 拢15,000 to offset against their levy liability.聽The effect of this allowance is that only those employers with an annual pay bill of over 拢3 million will have to pay and report the levy. This is because 0.5% of an employer鈥檚 拢3 million pay bill is 拢15,000, which is fully removed by the 拢15,000 Apprenticeship Levy allowance.

However, where the connection rules apply, a pay bill less than 拢3 million may attract a levy liability, depending on how the allowance is shared. This is because where an employer is connected to other employers by virtue of the connected companies or the connected charities rules, they can only have one annual allowance of 拢15,000 for all the connected companies or charities within their group.聽

The 拢15,000 Apprenticeship Levy allowance cannot be used to pay for apprenticeship training.