PART 6

Apprenticeship levy

Basic provisions

Charge to apprenticeship levy
99
1
Apprenticeship levy is charged if—
a
a person has a pay bill for a tax year, and
b
the relevant percentage of that pay bill exceeds the amount of the person's levy allowance (if any) for that tax year.
2
The amount charged for the tax year is equal to—
N − A
where—
N is the relevant percentage of the pay bill for the tax year, and
A is the amount of the levy allowance (if any) to which the person is entitled for the tax year.
3
The person mentioned in subsection (1) is liable to pay the amount charged.
4
Except so far as section 103 provides otherwise, a person who has a pay bill for a tax year is entitled to a levy allowance for the tax year.
5
The amount of the levy allowance is £15,000 (except where section 101 or 102 provides otherwise).
6
For the purposes of this section the “relevant percentage” is 0.5%.