In spring 2017 the way the government funds apprenticeships in England is changing. Some employers will be required to contribute to a new apprenticeship levy, and there will be changes to the funding for apprenticeship training for all employers.
The apprenticeship levy requires all employers operating in the UK, with a pay bill over £3 million each year, to make an investment in apprenticeships. You can benefit from this investment by training apprentices.
This guidance provides information on how the apprenticeship levy will work, from when it is introduced on 6 April 2017.
It also explains the principles that apprenticeship funding will operate on from 1 May 2017, whether you pay the levy or not.
You can find out more about the benefits apprenticeships can bring to your organisation and about the ways apprenticeships are being reformed, by contacting us here at Kipling, or on the Governments website