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 RSM 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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Please note: If you change any of the values, margin reports for previous periods will change.
Go to system configuration '
' / 'Apprenticeship Levy'
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.
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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 RSM 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.
For those customers that have not yet swicthed to the new look and feel screens within InTime V6, the configuration option above will not be available. Please contact our Support Team (support@in-time.co.uk) who will be able to assist.After clicking Save the next page displays the relevant fields to allow you to stipulate the percentage per period.
