Apprenticeship levy to help smaller firms

2019-09-01T23:06:37+01:00November 12th, 2018|Categories: Blog|Tags: , |

In a bid to make apprenticeship schemes more accessible, the Treasury has raised the amount of the apprentice levy that larger companies can transfer to smaller firms in their supply chain from 10% to 25%. The change, which was announced by Chancellor Phillip Hammond at the Conservative Party conference, aims to provide additional flexibility for businesses so they can take full advantage of the benefits of employing apprentices, and to help as many people as possible find the right training to equip them for the new economy. An extra £90 million of government funding will enable employers to invest [...]