Training: Taxation

(asked on 30th August 2024) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, whether she has made an assessment of the economic impact of growth and skills levy proposals to allow levy-paying companies to retain 50% of their contributions.


Answered by
Janet Daby Portrait
Janet Daby
Parliamentary Under-Secretary (Department for Education)
This question was answered on 12th September 2024

The government is transforming the Apprenticeship Levy into a new Growth and Skills Levy. The new levy will build on the apprenticeships programme to create opportunities for learners of all ages, give employers of different sizes greater flexibility to address critical skill shortages in their workforces and drive economic growth.

The department is working across government to develop the design of the Growth and Skills Levy and will set out more detail in due course. This will include further information on the role of Skills England in ensuring that levy-funded training delivers value for money and meets the needs of levy paying and non-levy paying businesses.

Reticulating Splines