Apprenticeship Reforms
The government launched its apprenticeship levy in May 2017. The levy will require all employers in the UK with an annual wage bill of over £3 million to pay 0.5% of it towards funding apprenticeships.
Non-Levy
The costs for each apprentice being trained for a non-levy paying employer will be either;
Fully funded by the ESFA – for 16-18 year old apprentices with an employer employing less than 50 employees.
Co-funded via the ESFA – the employer paying 5% for 16-18 year old apprentices if employing more than 50 employees or for all 19+ apprentices
Levy
The costs for each apprentice being trained by us for a levy paying employer will be agreed by WFCCTT and the employer
Apprenticeship funding: rules and guidance for employers can be found here