WebCo-funded apprenticeships are 95% funded by the government and 5% funded by you if: • The apprentice is aged 19 or over • Aged 16 plus and you have 50+ employees • You are not receiving funding through transfer of apprenticeship levy from a large organisation. Your training provider will be able to support you to complete this. WebReceiving an apprenticeship levy Are you looking for extra funding to help with training in your small business? We’re here to simplify the process and help you on your way to receiving a levy donation. Larger employers who are required to pay the apprenticeship levy may have unused apprenticeship funds.
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WebJul 22, 2024 · Transferring a Levy Employing an Apprentice If you want to transfer your apprenticeship levy, here is everything you need to know about the process involved. Skip to content Toggle Font size View ApprenticeshipsAdvertise View Jobs Advertise For Apprentices View Live Jobs Help & Advice Company Profiles For Employers Services for … pictures of old churches in america
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WebJan 15, 2024 · Levy paying employers can transfer these unused funds to any number of receiving employers, but there are strict criteria to adhere to. In the time of the transfer scheme inception in April 2024 to the beginning of August 2024, there have only been 920 commitments for apprenticeship starts. WebApr 11, 2024 · RCHT have recently announced that the Apprenticeship Levy transfer facility will be reopened to all employers who want to use their levy funds to support apprenticeships in other organisations. This means that non-levy paying employers can now receive funds from levy-paying employers to support the cost of training apprentices. This … WebAug 28, 2024 · Any unspent levy is retained by the Government after a two-year period. The WMCA uses its strong local knowledge and relationships to identify large businesses that can donate unspent levy to SMEs through the Apprenticeship Levy Transfer Fund, covering 100% of their apprenticeship training and assessment costs. topics for language practice