Apprenticeships

SUPPORT

Apprenticeships

Some stats:

Number of consumers who would pay more for products from a business that employs apprentices

Of employers say that employing apprentices improved their image in the sector

Of employers said that Apprenticeships improve staff morale

Setting up an Apprenticeship

To find out about setting up an apprenticeship please see the guidance on the government’s website.

Apprenticeship Levy

The Apprenticeship Levy is a pool of funds that employers have paid into, which is specifically designed to be used to train apprentices.

Share to Support Apprenticeship Levy Transfer Service

Through the Share to Support service, small to medium sized business in the West of England can access funding support to cover the training costs of an apprentice. This could be a new recruit or someone in your business who needs to do an apprenticeship. The fund is made up of contributions from large employers who gift their unspent apprenticeship levy to support small businesses.

Apprenticeship Levy Payment

The levy is paid at a rate of 0.5% of an employer’s annual pay bill. As an employer, you have to pay the Apprenticeship Levy each month if you: have an annual pay bill of more than £3 million, are connected to any companies or charities for Employment Allowance purposes, and have a combined annual pay bill of more than £3 million.