Speeches

Gordon Marsden – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Gordon Marsden on 2016-05-04.

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 28 April 2016 to Question 35476, whether the apprenticeship levy will be at the rate of 0.5 per cent on employers’ pay bills over £3 million in (a) 2017-18, (b) 2018-19 and (c) 2019-20.

Greg Hands

Tthe 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. As with all policies, the government will keep the apprenticeship levy under review.