Gordon Marsden – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Gordon Marsden on 2016-04-25.

To ask Mr Chancellor of the Exchequer, whether he plans to maintain the apprenticeship levy rate of 0.5 per cent on employers’ pay bills over £3 million until 2020.

Greg Hands

The government has confirmed that the apprenticeship levy will be set at a rate of 0.5% of company paybill and every employer will have a £15,000 allowance to offset against their levy liability. In practice, this means only employers with paybills greater than £3million will pay the levy.