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The Apprenticeship Levy

Posted on by Gavin

The government want to create 3 million apprenticeships in England by 2020. As part of this policy, the government has created the Apprenticeship Levy which requires employers with a pay bill of more than £3 million to pay 0.5% of that bill towards a training fund.

Non-levy companies (with pay bill of less than £3 million) will need to pay 10% of the cost of training, with the rest provided by the government in a co-investment arrangement

Smaller companies (with less than 50 employees) will receive a £1,000 incentive to go towards training

This does not apply to Scotland, Wales and Northern Ireland as they have their own systems in place

Posted in News |

The collapse of Carillion

Posted on by Gavin

We still do not know the full extent of the damage caused to the supply chain as a result of the collapse of Carillion last year. As with most large incidents though, vital lessons are learned and new systems are put in place to prevent any re-occurrence. In response to the collapse of Carillion, the ‘Aldous Bill’ is being backed by over 60 construction and maintenance trade bodies. The ‘Aldous Bill’ proposes to hold any retention money owed to any supplier to be held in trust. This would protect the suppliers money from insolvency and companies would be unable to use the suppliers money to support their own business.

Posted in News |
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