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Apprenticeship Funding Allocation Reset For Non-Levy Employers

Apprenticeship Funding Allocation Reset For Non-Levy Employers

Apprenticeships are a great recruitment tool for SME’s. Non-levy employers looking to recruit apprentices can reserve funding for up to 10 apprentices. During the 21/22 financial year the Government made an exception and granted an apprenticeship funding allowance reset for non-levy organisations, granting them the opportunity to use 10 additional reservations.

However, it appears there will not be a reset this financial year and employers must stay within their allocation of 10, which commenced at the beginning of the 21/22 financial year.

Employers who are close to this limit have not been given any indication when or if the allocation will be reset.

For advice on apprenticeship funding and how to maximize your funding allocation, please get in touch on 01482 211714.

 

Am I a Non-Levy Employer?

Apprenticeship Levy

Funding type

Levy: Training can be funded from your levy pot.

Incentives for employing a new apprentice

You will receive an incentive of £1000 when you employ a new apprentice.

Funding type

Levy: Training can be funded from your levy pot.

Funding type

Non-levy: Training is fully funded for apprentices.

Incentives for employing a new apprentice

You will receive an incentive of £1000 when you employ a new apprentice.

Funding type

Non-levy: Training is fully funded for apprentices.

Funding type

Non-levy: 95% of the costs of training will be funded by the Government. Employers will contribute 5% to the cost of the training.

Funding type

Non-levy: 95% of the costs of training will be funded by the Government. Employers will contribute 5% to the cost of the training.

Incentives for employing a new apprentice

You will receive an incentive of £1000 when you employ a new apprentice.

Funding type

Non-levy: 95% of the costs of training will be funded by the Government. Employers will contribute 5% to the cost of the training.

Chris Dolman
Chris Dolman

Chris is our Strategic Development Manager and is involved in all of our training contracts. He oversees the Recruitment Team who place Apprentices in roles and build relationships with employers. Chris is to dedicated to ensuring business’ and individuals are aware of the funding and training opportunities available.

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