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CAKE PEOPLE DEVELOPMENT takes on eras ltd people development consultancy.

Welcome to our news and blog page.

 

Here will share what's new and happening in the world of CAKE People Develeopment and all things Learning and Development.

By Shelley Measures, Apr 5 2018 01:36PM

Apprenticeship Levy
Apprenticeship Levy

CAKE People Development Apprenticeship Event - Setting New Standards


The introduction of Leadership and Management Apprenticeships is the best business opportunity available for you to develop the capabilities and performance of your managers and leaders.


The new standards unlock exciting opportunities for organisations to attract talent, nurture and develop existing team members to enable them to reach their full potential and achieve a professional qualification.


We can help you to develop them using the funding available through the Apprenticeship Levy, but where do you start?


Join us on May 30th from 9.30am to 12.30am, for refreshments, breakfast and of course CAKE to explore how your organisation can make the most of your Apprenticeship Levy.


We will demystify the processes and funding of apprenticeships, and share our innovative and unique approach, putting learning to work in the context of your organisation; it’s how we make the difference.


Our event is free to attend and open to everyone.


Wed 30 May 2018 - 09:30 – 12:30 BST

77 Kingsway London WC2 6SR



https://cake-people-development.eventbrite.co.uk


By Shelley Measures, May 30 2017 08:36AM

The apprenticeship levy?


On the 6th April 2017, the Government introduced the apprenticeship levy, with a view to creating millions of apprenticeships across the UK. The apprenticeship levy will be applied to all employers with an annual wage bill greater than £3 million however there will be a 0.5% tax on the total pay bill, which will be paid through Pay As You Earn.

The purpose of the levy is to encourage employers to invest in apprenticeship programmes and to raise additional funds to improve the quality and quantity of apprenticeships.



What size of business will be subject to the levy?


The levy threshold is calculated by size of payroll. Businesses with a wage bill of more than £3 million will be required to pay a levy. This payroll threshold only applies to 2% of employers, which means only larger SMEs fall into this bracket.


How much is the levy?


The levy amount is 0.5% of a company’s payroll, and every employer gets an allowance of £15,000 to offset against the amount they owe.

That’s why it only applies to businesses with a payroll over £3m. So to explain:

A business with a payroll of £3m:

£3,000,000 (payroll) x 0.5% (levy amount) = £15,000 (amount owing pre allowance) – £15,000 (levy allowance) = £0 (levy payable)

A business with a payroll of £6m:

£6,000,000 (payroll) x 0.5% (levy amount) = £30,000 (amount owing pre allowance) – £15,000 (levy allowance) = £15,000 (levy payable)


When will it be payable?


Businesses will be subject to the levy payment from April 2017 and it will be payable monthly.

For levy-paying employers (annual wage bill greater than £3 million)

In addition to the functions available to all employers, from May 2017 levy-paying employers will be able to access funding for apprenticeships through their digital account and:

• negotiate and pay for apprenticeship training and assessment

• manage their funding and apprentices, view their account balance and plan their spending

• stop or pause payments (for example, if their apprentice stops their training, takes a break from training or the employer hasn’t received the service agreed with the provider).

To access their funding, levy-paying employers will need to set up an account on the digital apprenticeship service from January 2017 using their Government Gateway ID, PAYE scheme details and Companies House number or equivalent, which company payroll teams should have.


For non-levy paying employers (annual wage bill less than £3 million)


By 2020, all employers will be able to use the digital apprenticeship service to pay for training and assessment for apprenticeships.

Until then, non-levy paying employers will continue to negotiate and agree their apprenticeship programme with their chosen training provider.

90% of non-levy paying employers’ apprenticeship training and assessment costs in England will be paid for by the government.

The government will ask these employers to make a 10% contribution to the cost, paid directly to the provider, and the government covers the rest. This cost will be spread over the lifetime of the apprenticeship.

The government is offering additional support to organisations with fewer than 50 employees by paying 100% of training and assessment costs for their apprentices aged 16 to 18 and for those aged 19 to 24 formerly in care or with a local authority education, health and care plan.


Are all UK employers going to benefit?


Employers that do not pay the levy will still be able to access government support for apprenticeships.

Employers in England that pay the levy will be able to access the funds they have paid in via a new online portal called the Digital Apprenticeship Service (DAS). They will also receive a 10% top-up from the Government to their total monthly contributions in England.

All employers in England have access to a new, easy-to-use digital apprenticeship service to help digital apprenticeship service to help them manage their apprenticeship programme.




By Shelley Measures, Mar 14 2017 02:57PM

Making the most of your apprenticeship levy payments.


The way apprenticeships are funded and delivered in England will change from April 6 2017. If your organisations salary bill is over £3 million, you will pay 0.5% to a new government 'apprenticeship levy'.


What you may not know is that you can use your levy on apprenticeship training programmes that we can align to meet the development needs of your business.


We'll work with you to ensure you get the most from your levy payments. We help you develop an apprenticeship strategy that meets your key business objectives.


Using your levy payments, you can upskill your employees at all levels- from new starters to your managers, and regardless of thier age, position or experience.


Call us today and find out how you can maximise your levy payments: 01603 733006





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