The Immigration Skills Charge (ISC) is payable by employers every time they sponsor a employee below the Skilled Worker or the Senior or Specialist Worker visa, though some exceptions could apply.
Since all UK employers are required to have a sponsorship licence to rent migrant employees from 1 January 2021, the Immigration Skills Charge has turn into payable by a better variety of companies.
Yet the ISC is comparatively unknown amongst employers, and given the extent of the cost, may be an unwelcome shock for employers sponsoring for the primary time.
The ISC was launched on 6 April 2017 below the Immigration Skills Charge Regulations to handle the home expertise hole.The cost is a strategic measure designed as a disincentive to employers for hiring abroad employees, with a view to creating the choice of investing in coaching and creating UK settled employees as a substitute.
The funds raised from the ISC are directed to the Department of Education to help funding within the growth of expertise and coaching and to handle the abilities hole within the UK’s home labour market.
To assist sponsors higher perceive the Immigration Skills Charge, and its implications on budgets and processes, we reply some steadily requested questions from employers.
How a lot is the Immigration Skills Charge?
The Immigration Skills Charge is ready at two ranges:
- Large cost: £1000 per sponsored employee per 12 months
- Small cost: £364 per sponsored employee per 12 months
For a medium or large-sized…
