As part of the Government’s initiative to protect our economy and jobs, employers who hire a new apprentice between 1st August 2020 and 31st January 2021 will be able to apply for the following funding:
- £2,000 for each new apprentice aged 16 to 24
- £1,500 for each new apprentice aged 25 and over.
For further information about Apprenticeship Funding including details of funding bands and the Apprenticeship Levy, refer to the government website. Guidance documents are available for employers who pay the Apprenticeship Levy and for those who don’t.