PART 6Apprenticeship levy

Basic provisions

99Charge to apprenticeship levy

1

Apprenticeship levy is charged if—

a

a person has a pay bill for a tax year, and

b

the relevant percentage of that pay bill exceeds the amount of the person's levy allowance (if any) for that tax year.

2

The amount charged for the tax year is equal to—

N − Amath

where—

N is the relevant percentage of the pay bill for the tax year, and

A is the amount of the levy allowance (if any) to which the person is entitled for the tax year.

3

The person mentioned in subsection (1) is liable to pay the amount charged.

4

Except so far as section 103 provides otherwise, a person who has a pay bill for a tax year is entitled to a levy allowance for the tax year.

5

The amount of the levy allowance is £15,000 (except where section 101 or 102 provides otherwise).

6

For the purposes of this section the “relevant percentage” is 0.5%.