Difference between revisions of "Apprenticeship levy"

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(Created page with "{{Review}} == Summary == As of April 6th 2017 HMRC brought in an Apprenticeship Levy. To check if you are liable for this charge please view [https://www.gov.uk/guidance/pay...")
 
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{{Review}}
 
 
 
== Summary ==
 
== Summary ==
As of April 6th 2017 HMRC brought in an Apprenticeship Levy. To check if you are liable for this charge please view  [https://www.gov.uk/guidance/pay-apprenticeship-levy this] article or speak to HMRC for advice.
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As of April 6th 2017 HMRC brought in the Apprenticeship Levy. To check if you are liable for this charge please view  [https://www.gov.uk/guidance/pay-apprenticeship-levy this] article or speak to HMRC for advice.
  
 
== More Information ==
 
== More Information ==
If you are entitled to the Apprenticeship Levy allowance please follow these instructions to enter your allowance.
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If you are entitled to the Apprenticeship Levy allowance, please follow these instructions to enter your allowance.
  
Platinum Payroll will only apply the Levy if your pay bill exceeds the current threshold.  
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Platinum Payroll will only apply the Levy if your pay bill exceeds the current threshold.
  
 
Go to {{PayrollSettings|Company Parameters|General Company Details}}.
 
Go to {{PayrollSettings|Company Parameters|General Company Details}}.
* At {{DataPrompt|Apprenticeship Levy Allowance}} enter the allowance to apply to this payroll.
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* At {{DataPrompt|Apprenticeship Levy Allowance}}, enter the allowance to apply to this payroll.
  
 
{{Note|text=Connected companies or charities have an allowance which can be shared between PAYE schemes. Enter the value to apply to this payroll or set it to 0 if you cannot claim the allowance but are subject to the Levy.}}
 
{{Note|text=Connected companies or charities have an allowance which can be shared between PAYE schemes. Enter the value to apply to this payroll or set it to 0 if you cannot claim the allowance but are subject to the Levy.}}
  
* Press {{KeyPress|Escape}} until you return to the main menu. The value is stored automatically.
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* Press {{KeyPress|ESC}} until you return to the main menu. The value is stored automatically.
 
 
Remember to submit your monthly [[How do I Close a Payroll Period?#Employer Payment Summary (EPS)|EPS]] to ensure any Levy due and Allowance claimed is submitted to HMRC.
 
  
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Remember to submit your monthly [[How do I close a payroll period?#Employer Payment Summary (EPS)|EPS]] to ensure any Levy due and Allowance claimed is submitted to HMRC.
  
 
== See also ==
 
== See also ==
* [[How do I Close a Payroll Period?]]
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* [[How do I close a payroll period?]]
 
 
  
{{KB_Tags|apprenticeship levy, Payroll, allowance, levy, apprentice, apprenticeship}}
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{{KB_Tags|apprenticeship levy, payroll, allowance, levy, apprentice, apprenticeship}}
 
{{FAQ}}{{KB_PR}}{{ZN_Admin}}
 
{{FAQ}}{{KB_PR}}{{ZN_Admin}}

Latest revision as of 06:28, 15 January 2019

Summary

As of April 6th 2017 HMRC brought in the Apprenticeship Levy. To check if you are liable for this charge please view this article or speak to HMRC for advice.

More Information

If you are entitled to the Apprenticeship Levy allowance, please follow these instructions to enter your allowance.

Platinum Payroll will only apply the Levy if your pay bill exceeds the current threshold.

Go to " Payroll Maintenance Options Payroll Settings Company Parameters General Company Details".

  • At "Apprenticeship Levy Allowance", enter the allowance to apply to this payroll.
Connected companies or charities have an allowance which can be shared between PAYE schemes. Enter the value to apply to this payroll or set it to 0 if you cannot claim the allowance but are subject to the Levy.
  • Press <Esc> until you return to the main menu. The value is stored automatically.

Remember to submit your monthly EPS to ensure any Levy due and Allowance claimed is submitted to HMRC.

See also


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Keywords AND Misspellings
apprenticeship levy, payroll, allowance, levy, apprentice, apprenticeship