• April 2018

    FriSatSunMonTueWedThuTax week
    --1   2   3   4   5   52
    6   7   8   9   1011121
    131415161718192
    202122232425263
    27282930---4
    • 6th - Start of 2018-2019 tax year
    • 19th - HMRC cheque payments due
    • 22nd - HMRC BACS payments due
    • 2nd - Easter Monday (E,W,NI)
  • May 2018

    FriSatSunMonTueWedThuTax week
    ----1   2   3   4
    4   5   6   7   8   9   105
    111213141516176
    181920212223247
    252627282930318
    • 7th - May Bank Holiday (E,W,NI,S)
    • 19th - HMRC cheque payments due
    • 22nd - HMRC BACS payments due
    • 28th - Spring Bank Holiday (E,W,NI,S)
    • 31st - Employee P60s due
  • June 2018

    FriSatSunMonTueWedThuTax week
    1   2   3   4   5   6   7   9
    8   9   101112131410
    1516171819202111
    2223242526272812
    2930-----13
    • 19th - HMRC cheque payments due
    • 22nd - HMRC BACS payments due
  • July 2018

    FriSatSunMonTueWedThuTax week
    --1   2   3   4   5   13
    6   7   8   9   10111214
    1314151617181915
    2021222324252616
    2728293031--17
    • 6th - Forms P11D, P11D(b) and P9D due
    • 6th - Form 42 Due
    • 12th - Battle of the Boyne - Bank Holiday (NI)
    • 19th - HMRC cheque payments due
    • 19th - Payment of 2017/18 Class 1A NIC due
    • 22nd - HMRC BACS payments due
    • 31st - Payment of 2017/18 Class 2 NIC due
  • August 2018

    FriSatSunMonTueWedThuTax week
    -----1   2   17
    3   4   5   6   7   8   9   18
    1011121314151619
    1718192021222320
    2425262728293021
    31------22
    • 6th - Summer Bank Holiday (S)
    • 19th - HMRC cheque payments due
    • 22nd - HMRC BACS payments due
    • 27th - Summer Bank Holiday (E,W,NI)
  • September 2018

    FriSatSunMonTueWedThuTax week
    -1   2   3   4   5   6   22
    7   8   9   1011121323
    1415161718192024
    2122232425262725
    282930----26
    • 19th - HMRC cheque payments due
    • 22nd - HMRC BACS payments due
  • October 2018

    FriSatSunMonTueWedThuTax week
    ---1   2   3   4   26
    5   6   7   8   9   101127
    1213141516171828
    1920212223242529
    262728293031-30
    • 5th - Personal Income Tax Statement
    • 19th - HMRC cheque payments due
    • 22nd - HMRC BACS payments due
    • 31st - Paper Self Assessment Tax Return Deadline
  • November 2018

    FriSatSunMonTueWedThuTax week
    ------1   30
    2   3   4   5   6   7   8   31
    9   10111213141532
    1617181920212233
    2324252627282934
    30------35
    • 19th - HMRC cheque payments due
    • 22nd - HMRC BACS payments due
    • 30th - St. Andrew's Day (S)
  • December 2018

    FriSatSunMonTueWedThuTax week
    -1   2   3   4   5   6   35
    7   8   9   1011121336
    1415161718192037
    2122232425262738
    28293031---39
    • 19th - HMRC cheque payments due
    • 22nd - HMRC BACS payments due
    • 25th - Christmas Day
    • 26th - Boxing Day
  • January 2019

    FriSatSunMonTueWedThuTax week
    ----1   2   3   39
    4   5   6   7   8   9   1040
    1112131415161741
    1819202122232442
    2526272829303143
    • 1st - New Year's Day
    • 19th - HMRC cheque payments due
    • 22nd - HMRC BACS payments due
    • 31st - Online Self Assessment Tax Return Due
  • February 2019

    FriSatSunMonTueWedThuTax week
    1   2   3   4   5   6   7   44
    8   9   101112131445
    1516171819202146
    2223242526272847
    • 19th - HMRC cheque payments due
    • 22nd - HMRC BACS payments due
  • March 2019

    FriSatSunMonTueWedThuTax week
    1   2   3   4   5   6   7   48
    8   9   101112131449
    1516171819202150
    2223242526272851
    293031----52
    • 17th - St. Patrick's Day (NI)
    • 19th - HMRC cheque payments due
    • 22nd - HMRC BACS payments due
UK Tax Week

   14 Dec - 20 Dec

73

 

Introduction to the Apprenticeship Levy

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Summary

From spring 2017 a new levy on businesses with a pay bill of over £3 million will be introduced; requiring them to invest in apprenticeships.

Tagged: Payroll, SD Online

Apprenticeship Levy

 

As part of its drive to train 3 million new apprentices by 2020 - and to address the decreased focus on employee training outside the work place - from 6th April 2017 the Government will introduce a levy on businesses to invest in apprenticeships.

 

 

Employers who qualify to pay the apprenticeship levy

 

If your organisation, including any connected companies or charities, has an annual pay bill of more than £3 million you will pay the apprenticeship levy. They will be required to contribute 0.5 per cent of their pay bill on the levy.

 

 

Employers who don't qualify to pay the apprenticeship levy

 

Companies with a pay bill of under £3 million do not have to contribute to the levy, but can still benefit from the scheme by accessing up to 90% of the training funds from the Government for apprentices they employ through one of the recognised Apprenticeship Standards.

 

 

Access your levy funds through the apprenticeship service

 

The apprenticeship service is an online digital system that enables employers qualifying to pay the levy to manage their apprenticeship programme. Once UK employers have paid the levy, they will be able to access funding through their apprenticeship service account, enabling them to select and pay Government-approved training providers and post apprenticeship vacancies. The government will also apply a 10% top-up to funds within employers' apprenticeship service accounts - this top up will be applied at the same time as funds enter the account each month. Businesses will have 24 months to spend the funds within their account on training services before they expire.

Employers can also benefit further by accessing an additional 20% of funding for each apprentice they train aged between 16 and 18. Apprenticeships that fall into the STEM category (Science, Technology, Engineering, Maths) will also receive a higher level of funding.

 

 

Apprenticeship Levy Allowance

 

Employers who aren't connected to any other companies or charities will have an Apprenticeship Levy allowance of £15,000 each year. The allowance reduces the amount of levy employers pay by £15,000 across the year and cannot be carried over into the next tax year.

Companies connected to other companies and charities will only get one £15,000 allowance to distribute between them. In this case, the allowance can be allocated between all of the PAYE schemes or all of the connected companies and charities. Once decided, companies need to state how they have allocated the allowance the first time the levy is paid. This cannot then be changed during the tax year.

 

 

Apprenticeship Levy reporting

 

The reporting of the levy will be carried out via Real Time Information in monthly Employer Payment Summary (EPS) submissions which Sargent-Disc will manage on behalf of its payroll clients.

 

If employers would like Sargent-Disc to manage this process on their behalf as an authorised agent, they must create their Apprenticeship Service account first and then enable access. Please contact us at payroll@sargent-disc.com if you have an account so that we can submit figures on an Employer Payment Summary and pay any levy contributions to HMRC each month.

 

Register for the Apprenticeship Service

 

Sign up for the Apprenticeship Service here

Read more about the Apprenticeship Levy here 

 

 

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