There is a new levy being introduced in the upcoming tax year; the Apprenticeship Levy.
Employers with annual pay bills which exceed £3 million (including National Insurance) will have to pay a monthly levy of 0.5% of the total monthly pay bill to HM Revenue & Customs each month and report the payment with an online tax return (the ‘Employers Payment Summary’, or EPS return).
This levy comes into effect from the 6th April 2017 and approximately 2% of employers will be affected.
The Government is also introducing a levy allowance of £15,000 per year which is subtracted from the 0.5% total levy paid over to HM Revenue & Customs.
The good news is that all of our Gateway Solver Customers who have an active RTI license will be supported. All RTI filing customers can file the Employers Payment Summary (EPS) return to report levy amounts to HM Revenue & Customs.
Frequently Asked Questions
Are we affected by the scheme?
If your company’s PAYE scheme pays HM Revenue & Customs more than £3 million per year in PAYE bills, including both employers and employee’s National Insurance contributions then you must register for and pay the levy of 0.5% of the total bill each month.
How do we manage spend our apprenticeship levy allowance and vouchers?
Here: https://manage-apprenticeships.service.gov.uk/
How do we register?
Here: https://manage-apprenticeships.service.gov.uk/
How do we see how much we’ve paid in apprenticeship levy?
Here: https://manage-apprenticeships.service.gov.uk/
We need help reporting the levy payments to HM Revenue & Customs
We can help you.
Please get in touch with us by email on: [email protected] or call on +44 (0) 208 191 7797 or by the live chat button on our website.
Existing RTI filing customers will have the Apprenticeship Levy automatically supported.
Please contact us if you’d like to find out how we can assist you in managing the new Apprenticeship Levy.
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