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Oh, sorry, my misreading.
Yes, when a levy-payer runs out of credit in their account, the Co-Investment Contributions report tells you and then you invoice them for the amount. Is *usually* retrospective for levy payers.
BUT! they don't have to have it all there at the start, just sufficient to cover the monthly payments (because their account will "fill up" each month).
Laura Howard
Employer non levy now levy
Created
Afternoon all,
if an employer has hit the threshold of now being a levy payer (April22) but has not paid enough in to cover a 2 yr apprenticeship am I correct in assuming they will have to contribute as co investment and cover the shortfall?
Thanks Laura