Accountants call for simplification of apprenticeship levy
The apprenticeship levy system remains deeply unpopular with professional services firms in the UK, who view it as an extra tax that complicates learning and development, and should be radically simplified, according to research by the Managing Partners’ Forum.
Introduced in April 2017, the levy applies to firms with annual pay bills in excess of £3m, taking 0.5% of an employer’s paybill to put toward funding for new apprenticeships.
Read more at the Accountancy Daily.
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