Levy Employers who have unused funds in their apprenticeship account are now able to transfer some of those funds to 1 other employer.
Employers can transfer a maximum of 10% of annual funds. These funds will be used to pay for the training and assessment cost of the apprenticeships agreed with the receiving employer and will be paid monthly for the duration of the apprenticeship.
Employers who want to transfer funds can find employers who want to receive a transfer in a number of ways, for example:
- work with an employer in your supply chain
- get in touch with employers in your industry
- get in touch with an Apprenticeship Training Agency (ATA)
- work with regional partners
For further information please click here
