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Apprenticeship Levy Update

Apprenticeship Levy Update

28-Oct-2016

Key announcements:

  • A 20% increase in the previously published provisional funding caps across all apprenticeship Frameworks for 16 to 18 year olds, plus reintroducing additional support for people in disadvantaged areas. 
  •  More time for employers to spend funds in their digital account, moving from 18 to 24 months. 
  •  A commitment to allow employers to transfer digital funds to other employers in their supply chains and Apprenticeship Training Agencies in 2018. Details to be discussed with a new group of employer bodies including CBI, FSB, EEF and CFG. 
  •  A simplified version of the current system of support for people from disadvantaged areas to undertake an apprenticeship.