Funding For Apprenticeships

You can get help from the government to pay for apprenticeship training!

The amount you get depends on whether you pay the Apprenticeship levy or not. You pay the levy if you’re an employer with a pay bill over £3 million each year.

 

Levy

What is Levy Funded?

Don’t worry we are here to help – To be eligible for the apprenticeship levy, employers must earn an annual pay bill of £3 million. This will help you to support your employees development, enhance existing skills or learn new ones all together. Want to find out how you can make the most of your Levy, contact us at …

info@total-tp.com 

How do you access the Levy?

To access your Levy you must first sign up to the (DAS) commonly known as the Digital Apprenticeship Service, if you need help or guidance with this feel free to contact us. By setting this up you will be able to control all relevant tasks such as, adding apprentices, recruiting apprentices and finding suitable training. You will also be able to see how much is in your account and allocate payments to providers of government-approved apprenticeships. With help from Total Training we will be able to decide what apprenticeship programme will be best suited to your business! Find below the link to the DAS and for more information and guidance, please get in touch.

DAS Link …

https://accounts.manage-apprenticeships.service.gov.uk/service/index?

Non-Levy

If you do not need to pay the levy

  • You pay 5% towards the cost of training and assessing your apprentice. You need to:
  • agree a payment schedule with the training provider
  • pay them directly for the training
  • The government will pay the rest (95%) up to the funding band maximum. They’ll pay it directly to the training provider.

Apply for the hire a new apprentice payment

You can apply for an incentive payment of £3,000 for new apprentices who join your organisation.

To be eligible, the apprentices must both:

  • start their employment at your organisation between 1 October 2021 and 31 January 2022
  • start their apprenticeship between 1 October 2021 and 31 March 2022

The closing date for applications is 15 May 2022.

Find out if you are eligible, what you can use the payment for and how to apply.

 

You’ll get the payment in 2 equal installments:

50% after the apprentice completes 90 days of their apprenticeship and the remaining 50% after 365 days. To get the full payment, the apprenticeship must last for at least one year.

Full information on the incentives payments for hiring a new apprentice can be found by clicking the link below:

https://www.gov.uk/guidance/incentive-payments-for-hiring-a-new-apprentice

Why not get started now?

 You can register for an apprenticeship service account to access funds or pay for training. Please follow the following link for more information on how to register.

https://www.gov.uk/guidance/manage-apprenticeship-funds

Or get in touch

https://www.total-tp.com/contact-us/

 

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4 Burleigh Court | Burleigh Street | Barnsley | S70 1XY

0800 038 5666

Call our customer services team free on 0800 038 5666 between 9am to 5pm, Monday to Thursday and 9am – 4.30pm, Friday or email info@total-tp.com