pprenticeship levy is a new government measure that will affect employers in every sector who pay employees £3m or more per year. The intention of the new charge is to foster more apprenticeships and encourage increased efficiency.
This outlay, introduced in April 2017, will take shape within the Digital Apprenticeship Service, with employers being charged 0.5% of their total employee expenditure.
It is hoped that by 2020 many more apprenticeships will be offered to school leavers and people looking for a new career. The plan is to create traineeships with a higher calibre than current apprenticeships.