How does the apprenticeship levy work?
In the UK, if you have an annual wage bill of £3m or over, you will pay 0.5% of your annual wage bill towards the apprenticeship levy. By doing so, you will be entitled to a Levy Allowance of £15,000. The government will then top up this amount by 10% and place this into your digital account ready for you to invest in apprenticeship training. If your wage bill is not high enough to pay the Apprenticeship Levy you are still entitled to at least 95% government funding.
Work out your apprenticeship levy fund here:
How long does a typical apprenticeship last?
Courses are a minimum of 12 months with a 3-month end point assessment process.
What is the enrolment process for the Apprenticeship learners?
What are the requirements for joining an apprenticeship?
Apprenticeships are open to a wide range of learners, giving employers the power to choose their apprentices as long as basic criteria is met. The main requirements are that the learner is an EU citizen and has been living in the EU continuously for the last 3 years. There are also some stipulations around subject for university graduates. For further details contact us to find out if your staff are eligible.