Access to Education: T-Levels, Apprenticeships and skills policy

rob-lambert-9Q_pLLP_jmA-unsplash.jpg

T-Levels

 

Improvements to transferring and accessing funding re: the apprenticeship levy

  • Employers who pay the apprenticeship levy (those with an annual pay bill of more than £3 million) will be able to pledge unspent levy funds (up to their 25% transfer allowance) to support apprenticeships in other businesses. All businesses will be able to see these pledges on a public website and apply for funding to pay for 100% of their apprenticeship training and assessment costs (up to the funding band maximum).

  • If you wish to re-appraise yourself on the existing arrangements for transfers please take a look here: Transferring unused apprenticeship funds to other employers - GOV.UK (www.gov.uk)

  • A webinar on this subject will be held on August 11th from 10.00am to 11.00am, you sign up here - Apprenticeship Service | GoToStage.com

  • If you have missed or miss any future ESFA apprenticeship related webinars you can find a recording here on our you tube site in the apprenticeship service - webinar recordings playlist - esfagovuk - YouTube

  • The latest document on Apprenticeship funding (not the funding rules) can be found here and on page 4 there is mention of the new pledge functionality Apprenticeship funding - GOV.UK (www.gov.uk)