From April 2017 the way the government funds apprenticeships in England changed. Businesses with a wage bill of over £3 million now have to pay an Apprenticeship Levy. The levy is charged at a rate of 0.5% of your annual pay bill.
Here are the facts:
You can spend the levy on an apprenticeship framework/standard delivered by an approved apprenticeship provider. This is beneficial for supporting new employees and developing existing staff.