Apprenticeship Funding

Apprenticeship Funding

Offer available from May 14, 2018 until June 30, 2018

This offer is provided by YH Training Services.

The funding of apprenticeship standards and framework in England changed in 2017.

Large employers with a payroll bill of £3 million or more must now pay the apprenticeship levy. They can then access this money along with a 10% monthly top-up to fund apprenticeship training and development. Click to find out more about the apprenticeship levy.

For SME businesses with a payroll bill of less than £3 million, things are different. The Government pays 90% of total apprenticeship costs, with employers contributing 10%.

For those businesses with less than 50 employees, the Government will fund 100% of apprenticeship training for young people who are 16-18 years old.

We can talk to you in more detail about financial support and the changes to how apprenticeships are funded.

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