If your organisation hires an apprentice between 1 April 2021 and 31st January 2022, you can receive £3,000 of incentive payments per apprentice, regardless of age. This is in addition to a further £1,000 for apprentices aged 16-18.
And did you know... employers do not have to pay Class 1 National Insurance Contributions on all Apprentices under the age of 25!
Non-levy employers now have to set up an apprenticeship account and reserve the funding for their apprentice prior to sign up – when you start an apprentice with us, your account manager will provide you with a guide on how to do this. The incentive payments running until January 2022 have to be applied for by the employer. To learn more about the apprenticeship service and how to secure funds, you can access this bank of video guides.
To take advantage of these payments and discuss taking on an apprentice, please contact us now: