There are a number of things that levy paying organisations should be doing to have prepared for the 6th April 2017 first levy payment.
Set up a Levy Working Group
A good starting point is to engage a number of key personnel from within the business and create a ‘Working Levy Group’. The following decisions will need to be made: Who will be responsible for setting up and managing the new online digital account? Should the business take responsibility for uploading all the employee information and payment schedules onto the digital account or should this be outsourced to a training provider? Does the business have the capacity to do this internally or will additional staff need to be recruited? What are the training priorities and which are the most suitable apprenticeship standards or frameworks to use? When should delivery start? Should small pilot groups be set up? What is the best way to engage and educate staff so they understand about the changes?
Set up your Digital Account
Levy funds will be accessed through a new Digital Apprenticeship Service (DAS). You will need to register to create an account, and link to your PAYE systems – the funds will then appear in your digital account and accrue each month. Our strategic partners Qualitrain will be more than happy to help you through this process and get your company registered.
Report what you Owe to HMRC
The Levy will be paid to HMRC through PAYE, alongside tax and NICs. You will need to declare this to HMRC and include it as part of your usual PAYE payment.
The Levy and new Apprenticeship reforms will have a profound impact across many businesses and have the ability to significantly increase the quality of Apprenticeships to better meet the skills need of employers. If you have any questions at all about how to best leverage the Levy or any of the Apprenticeship Reforms, please call 01332 345205 or email info@BlueLionTA.com for help and advice.