What do we already know?
We updated you in our October 2016 Newsflash Apprenticeship levy that HMRC had published the first set of draft regulations for the calculation, payment and recovery of the Apprenticeship Levy, for a period of technical consultation, available here.
HMRC has published, for further technical consultation, updated draft regulations for the apprenticeship levy.
The draft regulations, available here, have been updated to incorporate drafting comments received during the technical consultation (referred to above). They have also been extended to cover the assessment and recovery of underpaid levy by HMRC and record keeping by employers.
In particular, the regulations:
The regulations also extend the scope of the levy to continental shelf workers certificate holders.
HMRC is seeking comments by 3 February 2017 on whether the draft regulations achieve the objectives set out in the consultation document and whether they have any unintended consequences.