How apprentice training and funding works

The apprenticeship levy is paid by employers with a payroll of over £3 million p.a. The Levy is 0.5% of your payroll and is collected through your HMRC digital account.

It is accessible for apprenticeship training over a 24-month period. If your payroll is less than £3 million, apprenticeship funding is still available to your business. You are eligible to receive 95% government funding for any apprenticeship training you enrol your staff on.

This makes apprenticeships a cost-effective solution for workplace training for all employers. Apprenticeship funding can be used to train, grow and upskill your existing workforce as well as new recruits or graduates. 78% of Mercuri’s learners would recommend apprenticeships to a colleague or manager.

How to pay for an Apprenticeship

Contact Mercuri today to explore our comprehensive training solutions and unlock the full potential of your workforce.

Apprentice Training Warwickshire

Contact us now to discuss your specific requirements and embark on a journey of growth and success.

Take the first step towards building a skilled and thriving workforce today!