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Getting your apprentice trained and certified.

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Are you aware of how much it costs to train your apprentice?

Do you know who can formerly train your apprentice?

 

If you are a non-levy employer (i.e. your wage bill is under £3m per year), the government will cover 95% of your apprentice training costs, leaving you to contribute only 5%. This makes it affordable for businesses of all sizes to hire and train apprentices.

 

Additional financial incentives.

For employers who do not pay the levy, the government will fully fund apprenticeship training costs, up to the funding band maximum, for apprentices who at the start of their apprenticeship training are:-

Aged 16 to 21 years old (or 15 if their 16th birthday is between the last Friday of June and 31 August)

Aged 22 to 24 years old with an education, health and care (EHC) plan provided by their local authority and/or have been in the care of their local authority

 

£1,000 Payment for Younger Apprentices – Employers receive a £1,000 payment when they hire apprentices aged 16–18, as well as apprentices aged 19–24 who have been in care or have an education, health, and care (EHC) plan.

This payment is split into two instalments: the first after three months and the second after twelve months of the apprenticeship.

This incentive helps support businesses in offering opportunities to younger or potentially disadvantaged apprentices.

 

NI Contributions Relief This is available for both upskilling existing staff and new hires.

Employers can be exempt from paying Class 1 National Insurance contributions for an apprentice if the learner:-

Is under 25 years old

Earns less than £967 a week (£50,270 a year)

 

The Young People in Print initiative can now point you in the direction of training companies linked to government funding.


 
 
 

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