Autumn Statement: Apprenticeship levy set at 0.5%, but will SMEs be affected?
With the Conservative party determined to create three million new apprenticeships by 2020, chancellor George Osborne reiterated plans on how to fund the project, stating that the apprenticeship levy will raise £3 billion a year, with businesses paying a 0.5 per cent payroll tax from 2017, but will SMEs be included in the levy after all?