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1520. How do you calculate the Apprenticeship Levy? |
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The Levy is calculated at 0.5% of your total annual payroll. For example, if your payroll is £5 million, the Levy would be £25,000 (0.5% of £5 million). However, employers get an annual allowance of £15,000, so in this example, the final Levy payment would be £10,000. |
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