Course Basket
Your basket is empty.
Whilst employers cover the employment costs for their apprentices, there is funding available to help.
More:
Find an Apprenticeship | Explore Programmes | Visit our open day
All employers with a payroll over £3m already pay the apprenticeship levy, at 0.5% of their payroll. The levy funds can only be used on apprenticeship training, otherwise they are returned to the treasury after 24 months. For many levy-paying employers, the levy funds have become their training-and-recruitment fund and engaging in apprenticeships is the only way to recoup the benefits of their levy investment.
For employers who do not pay the levy (all employers with a payroll under £3m per year), the cost of training an apprentice is 100% funded by the government when employing an apprentice that is aged 16-21. If the apprentice is over the age of 21, the cost is 95% funded, with the employer only contributing 5% of the training costs. So for a Business Administration Level 3 apprenticeship which would cost £5000, a non-levy employer would pay £250.
Apprenticeships can currently be funded by a levy-paying employer transferring up to 25-50% of their unused levy to a different employer, but businesses have long called for reforms as millions of pounds are unspent and returned to the Treasury every year.
Under the new measures, large employers who pay the apprenticeship levy will be able to transfer up to 50% of their funds to support other businesses, including SMEs, to take on apprentices.
This will help SMEs hire more apprentices by reducing costs and enabling more employers to get the skilled workers they need while unlocking more opportunities for young people.
The Full Range of Government Support for Apprenticeships
Click some of the boxes below to see more info!
A Guide to Setting Up an Apprenticeship Service Account, Reserve Funding and Access Incentives
Employers have to use the Apprenticeship Service to be eligible for the new, additional incentive payments. Fortunately, the process is straightforward.
Employers will claim these incentives for themselves via the apprenticeship service. If you need help at any stage, contact SGS at 0117 909 2285 or [email protected]
The easiest and quickest process is to set up an account, then link to SGS as a training provider and give SGS permission to reserve funds on your behalf.
Click the boxes below to see more info!
Due to the Red weather warning for the region linked to Storm Darragh, the decision has been made to close our WISE campus on Saturday 7 December. All people affected by the cancellation of events at WISE on Saturday will be contacted in due course. Please note, the campus will open as normal on Sunday 8 December. We apologise for the inconvenience and thank you for your understanding.
Close