Apprenticeships are open to everyone over the age of 16, and they provide many people with a start into professions they’ve always wanted but may not have studied for.
If you start an apprenticeship in the construction industry, you will undoubtedly get the necessary experience and may find your dream job.
What is national apprenticeship wage? This post will take you through how much you could earn as an apprentice and address any pay and tax issues you may have.
How much do apprenticeships pay?
Apprenticeships combine work with education; thus, the pay is often lower than if you worked full-time. However, you will get valuable experience and be treated the same as other employees in similar positions or at the same level.
What is the apprentice’s starting salary?
The government has set the current minimum wage for an apprentice at £4.30 per hour.
Are apprentices paid for their time in college?
The days you study as part of your apprenticeship are governed by the government’s apprenticeship rules. These require you to be paid for time spent studying, whether at work or college.
What variables affect my salary as an apprentice?
Employers are obliged to pay you the minimum wage, but some choose to pay more. Some companies may see the benefits of paying their apprentices extra, such as a greater sense of company loyalty, so keep this in mind as you look for the ideal apprenticeship for you.
Will I be required to pay taxes as an apprentice?
Apprentices, like everyone else, are required to pay income tax. Tax is often paid via the Pay As You Earn (PAYE) system, which means it is taken straight from your paycheck. You will only be required to pay tax if you’re earning above the minimum tax level.