We can help take away some of the confusion about what funding and incentives you may be eligible for. From understanding the apprenticeship levy to explaining off the job training. Read more below, or get in touch with our Business Training Solutions Team who can help you every step of the way.
The Government Apprenticeship Incentive
Apprenticeship financial incentives were first introduced by Chancellor Rishi Sunak in August 2020.
Any employers who hire a new apprentice between 1 April 2021 and 30 September 2021 will receive £3,000 per new hire, regardless of the apprentice’s age.
The payment is in addition to the £1,000 employers already receive (see below) for hiring new apprentices aged 16-18 and those under 25 with an Education, Health and Care Plan, meaning employers could get up to £4,000. Find out more on the government website.
£1,000 incentive payment
Employers are entitled to an additional £1,000 incentive payment for supporting a 16-18 year old partaking in an apprenticeship standard, as well as a 19-24 year old formerly in care or who has an Education and Health Care Plan.
Evidence of an original signed declaration by the apprentice to confirm that they are a care leaver or evidence of an EHC plan is required in order to claim this incentive.
Please get in touch with our Business Training Solutions team by calling 01922 657000 or emailing email@example.com if you would like to discuss hiring an apprentice.
The Apprenticeship Levy
In April 2017, the government launched its Apprenticeship Levy. The Levy is a ‘payroll tax’ designed to support the government’s commitment to deliver 3 million apprenticeships by 2020.
Regardless of the size of your business, Construction College Midlands – Walsall College is perfectly placed to provide you with up-to-date advice on how the Levy impacts your business and if you need to contribute. Find out more about The Apprenticeship Levy here.
Please get in touch with our Business Training Solutions team by calling 01922 651129 or emailing firstname.lastname@example.org if you would like to discuss The Apprenticeship Levy.
Registering on the Apprenticeship Service
Through The Apprenticeship Service you will now be able to:
- Reserve your apprenticeship funding
- Select your chosen provider from the Register of Apprenticeship Training Providers (RoATP) and apprenticeship standard required
- Advertise your apprenticeship vacancy
- Give feedback on the quality of training you receive from the chosen organisation
- Have greater control and visibility over the amount of funding paid to your training provider on your behalf.
You can find more information about The Apprenticeship Service on the government website https://www.gov.uk/guidance/manage-apprenticeship-funds
Find out how to access and open your account here.
Want to find out more about how to set up your Apprenticeship Service account, call our Business Training Solutions team on 01922 657000 or email email@example.com