How To Survive the Apprenticeship Levy

North Wales is a region that’s jam packed full of small businesses, and from the recent news that a brand new apprenticeship levy is to come into effect from April 2017, a lot of small business owners that benefit from apprentice placements are starting to feel the strain.

Apprenticeships are good for multiple reasons. Essentially, an apprenticeship allows a graduate to start a career in their chosen profession on a training basis, and pick up vital experience and confidence through work until they are at a position to be taken on as a full time employee – as well as directly benefiting employers, (often those which run smaller businesses) with workers which simply wouldn’t have been employed at a higher rate.

Unfortunately, the new Apprentice Levy is making small business owners in particular rethink work placements, according to recent research conducted by XpertHR.

The small print of the new levy demands that small business owners with a paybill of more than £3m per year (which roughly equates to around 2% of businesses within the UK) to pay to fund apprenticeship costs. How exactly can this be weathered? Are apprenticeships turning into more of a headache for employers than simply employing the individual and providing other forms of work based training?

Not exactly.

The services of an excellent chartered accountant North Wales can help you decide the ins and outs of employing apprentices, and inform you about all kinds of clauses that you might not know exist. For instance, any good accountant will know that employers which pay the levy have access to a 10% top up fund from the government in order to help with additional costs which might not have been these since the beginning of April, as well as the oncoming Digital Apprenticeship Service (DAS) which is a web-based portal for accessing additional funding.

Essentially, the services of a good chartered accountant in North Wales is absolutely invaluable when it comes to navigating what exactly the government plans to add in and take away next.

Comments

What Are Transcription Services?

Transcription services deliver speech to text. This is most often achieved using pre-recorded audio files. But, video to text services are common. Transcripts are either typed by hand or produced using automatic speech recognition (ASR) software. If this is your first time investigating transcription services, the number of choices, prices and transcript options can seem overwhelming. But, things aren’t as complicated as they seem. The truth is that although there are a lot of transcription service providers, most simply offer another brand on the same package of services. Here, we will explain what you need to know to get the transcript you need. But, first, we should look at who uses transcription services and why they are needed. Who Uses Transcription Services & Why? You need transcription services! But, the specific reason that you are seeking a transcript will impact what transcription service is best for you. Getting a text transcript of dictated notes, for ...

Domestic Heating Oil in North Wales

When selecting oil for domestic purposes, it is essential that you select a distributor who is able to offer their expert advice on which fuel is best for your home. It may be a case that you require additional fuel additives to clear issues within your fuel tank, or perhaps you require a particular grade of domestic heating oil. A reputable oil distributor will guide you through which fuels are the most effective, as opposed to simply selling you the latest range. Quad Fuels is an independent oil distributor, providing a range of fuels for both domestic and commercial purposes within North Wales and Chester. With a combined experience of over 200 years, its team of experts are there to help you make the right decisions when it comes to selecting fuel. So what are your options for domestic heating oil? Kerosene is the most commonly used fuel within domestic settings, and is often referred to as ‘burning oil’ and ’28 second oil’. There are different grades of kerosene, with higher ‘p...

Temperature-Controlled Logistics in Modern Supply Chains

In today’s fast-moving and highly regulated supply chains, the importance of maintaining strict temperature control during transport cannot be overstated. From food safety to pharmaceutical efficacy, countless industries now depend on specialist courier services to ensure their goods arrive in perfect condition. For businesses operating in sectors like food manufacturing, healthcare, and retail, working with a reliable refrigerated transport partner is more than a convenience — it's a necessity. Temperature-sensitive goods present unique logistical challenges. Perishable food products, for example, must be kept within precise temperature ranges to meet both hygiene regulations and customer expectations. Similarly, pharmaceutical supplies often require refrigerated or ambient conditions to remain effective and safe for use. Any deviation in temperature can compromise product integrity, leading to waste, customer complaints, or regulatory penalties. This is where experienced refrig...

UK Business Services

Search This Blog