Jargon-free guide to what apprenticeships cost, what you get, how the levy works, and why BrightPeak is different. No faff. Just the facts.
The levy was introduced in 2017. Here's exactly what it means for your business — whether you pay into it or not.
The apprenticeship levy is a 0.5% charge on the annual payroll of UK employers with a wage bill over £3 million. The money sits in a digital account — your levy pot — and can only be spent on apprenticeship training.
If you're a levy payer: you've already paid in. That money expires after 12 months if unused. BrightPeak helps you use it strategically — funding training that genuinely builds your business, not just ticking boxes.
If you're not a levy payer (payroll under £3m): you access apprenticeships through co-investment. The government pays 95%, and you contribute just 5% of the agreed training cost.
For example, a Level 3 Business Administrator apprenticeship costing £7,000 total would cost a non-levy employer just £350.
Indicative only. Contact us for a tailored funding breakdown.
Book a free, no-commitment call. No jargon, no hard sell — just an honest conversation about what apprenticeships could do for you.