Skip to main content

Businesses 'lack clarity' over Apprenticeship Levy, BCC suggests

20 Sep 2016

A survey conducted by the British Chambers of Commerce (BCC) has revealed that many businesses lack clarity over the Government’s new Apprenticeship Levy.

From April 2017, the Levy will be introduced for employers with pay bills of over £3 million per annum, in order for them to invest in apprenticeship programmes.

The survey of over 1,600 business leaders found that 39% still have no understanding, or haven’t heard of, the Apprenticeship Levy.

The data also revealed that 51% of businesses don’t understand how the funding reforms work above or below the £3 million pay bill threshold.

Additionally, only 11% state that the reforms will increase the number of apprentices they take on, while just 5% believe that they will have a positive impact on their wider training budget.

The BCC is calling for the Government to ensure that businesses are aware of the funding reforms and how such reforms could affect them.

Marcus Mason, Head of Education and Skills at the BCC, commented: ‘The Government needs to ensure that businesses understand how they could benefit from the reforms, because if it just feels like yet another tax then the policy will have failed.

‘The Government should allow businesses to use the Levy funding to support other high-quality workplace training or there is a risk of displacing other valid forms of training.’

100% Client Satisfaction Guarantee

At Arlington we love what we do. As proof of this, our staff will do everything to ensure that you receive the best, most reliable and professional service on the market.

LEARN MORE

Happy Clients

  • "Arlington offer sound business advice and have helped us to increase our turnover this year, whilst reducing our tax bill."
    Mr J McGillivray JM Yachting Limited.
  • "A big thank you to David and the rest of the team at Arlington. Always friendly and reliable. My accounts are dealt with quickly and efficiently and most importantly accurately. Something that wasn't happening when I was tying to produce them myself."
    Mr A Gilchrist Warrior Contracting Limited
  • "With our company growing, we are always getting into various situations where Arlington Accountants are always happy to offer us advice and guide our business to ensure more profits and lower tax payable".
    A. Elber - Director - Circuit Clubbing
  • "Its important to us to have the same people dealing with our affairs from one year to the next. Arlington Accountants take a very personal approach and offer great money saving advice."
    J Sheen - Director - Hambrook Holiday Park Limited
  • "Give Arlington a call now, you will not be wasting your time. They will improve your tax affairs and help you to change your mindset and lifestyle sooner than you think is possible".
    A. Elber - Director - Circuit Clubbing

View our client testimonials