The Apprenticeship Levy will be a levy on UK employers to fund new apprenticeships. In England, control of apprenticeship funding will be put in the hands of employers through the Digital Apprenticeship Service. The levy will be charged at a rate of 0.5% of an employer’s paybill. Each employer will receive an allowance of £15,000 to offset against their levy payment. It will be introduced in April 2017.
This section allows you to choose how the apprenticeship levy is applied to your agency. The apprenticeship levy configuration in InTime is only used for calculating the total cost in the margin report. It has no affect in any other area of the system.
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The calculation modes available are;
Granularity Option
You can choose whether you wish to add the percentage by week, month or year. You may decide that applying a fixed percentage for the whole year gives you sufficient accuracy for margin reporting. Alternatively, you might wish to specify a value on a monthly basis. This might be useful if your pay bill fluctuates over the year and the levy percentage is significantly different in each month.
For the finest level of control, you may wish to enter the percentage on a week by week basis. Your payroll system will calculate the levy on a monthly basis. You could therefore make an estimate for the first weeks in the payroll month and then use the actual figure from your payroll system or service provider to calculate the final percentage value for the whole month.
Date Option
You can choose whether you wish to use either the timesheet's end date or the exported date for calculating the apprenticeship levy. The best choice will be dependent on the process you operate in InTime. For example, if you don't export your timesheets, or do not export them regularly, then you should not choose the exported date option.