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<p>UK employers with an annual pay bill above £3 million pay the apprenticeship levy,
which is collected by HM Revenue & Customs. Employers in England who pay the apprenticeship
levy can access funds for apprenticeship training and assessment by registering for
an apprenticeship service account. The funds in employers’ accounts reflect the ‘English
percentage’ of an employer’s levy contribution and include a 10% top-up from the government.</p><p>While
levy-paying employers in England can use all their levy funds the majority do not,
which allows these funds from the apprenticeship budget to fund apprenticeship training
for small and medium sized businesses, so all companies can benefit from training
apprentices.</p><p>The table below shows the number of levy-paying employers that
have spent all the funds declared in their apprenticeship service accounts, including
the 10% top-up from the government, in each financial year from 2018/19 to 2022/23.</p><table><tbody><tr><td><p>Number
of employers who spent all levy funds</p></td><td><p>Percentage of total employers
who spent all levy funds</p></td></tr><tr><td><p>2018/19</p></td><td><p>1,620</p></td><td><p>10%</p></td></tr><tr><td><p>2019/20</p></td><td><p>2,530</p></td><td><p>15%</p></td></tr><tr><td><p>2020/21</p></td><td><p>2,520</p></td><td><p>15%</p></td></tr><tr><td><p>2021/22</p></td><td><p>2,620</p></td><td><p>14%</p></td></tr><tr><td><p>2022/23</p></td><td><p>2,540</p></td><td><p>13%</p></td></tr></tbody></table><p>
</p><p>The funds in levy-paying employers’ apprenticeship service accounts do not
represent the total spend on apprenticeships for levy paying employers and are not
the same as the total annual apprenticeships budget. The ring-fenced apprenticeships
budget for England is set by HM Treasury and, although closely linked, is distinct
from the total levy income collected. In the last two financial years, on average
98% of the English apprenticeships budget was spent.</p>
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