The Treasury has to act quickly to release some of the £83m the logistics industry has paid in the Apprentice Levy between April 2017 and March 2018 to help fill the skills gap as the UK heads for Brexit on March 29, says FTA head of skills Sally Gilson. The levy requires all employers with annual pay bills in excess of £3m to pay 0.5% of their wage bill as an additional tax to the Treasury. Employers can then claim […]
It has been 10 months since the government started taxing businesses with the apprenticeship levy. At the moment, only businesses with payrolls of more than £3m have access to the funding pot they are contributing to, but as the levy hits its one-year anniversary the gates should open to smaller hauliers who want funding for training new or existing staff.
The Apprenticeship Levy is not delivering what it was designed for, according to a two-year review of the ‘Transport infrastructure skills strategy’ by the Strategic Transport Apprenticeship Taskforce (STAT).
Walkers Transport will welcome two new staff members to its Manchester depot next month after putting them through their apprenticeship qualifications.