There are certain employers who will be required to contribute towards the cost of their Apprenticeship training outside of the Levy system, such as those whose pay bill is less than £3m per tax year.
If your business fits this criteria, you will be required to contribute 5% of the total cost of the Apprenticeship training through a co-investment payment- the Government will pay the remaining 95%.
However, if you are a small company employing less than 50 employees this means your training is fully funded. This means you will not have to make the 5% contribution and training is fully funded. If you are a larger company with a payroll bill of £3 million and more you will be able to spend your levy with us.