Here are some key facts on the Levy:
At Trafford College we are keen to engage in true partnerships with employers offering a range of services, from simply providing apprenticeship training to providing a full customised package incorporating all your apprenticeship and funding management needs.
All funds will be collected by HMRC and placed into the Apprenticeship Funding Pot. Companies will be able to access the funding by offering Apprenticeships to new or existing staff within their business. The funding will be paid directly to the college their company uses for training the Apprenticeship, with the Government topping up the pot by 10% for employers in England.
Employers falling under the levy payment threshold (£3m) can still employ Apprentices and will be able to access government support and funding for the Apprentice (subject to eligibility).
These employers will co-invest by paying 10% of the training and assessment costs of an apprentice directly to their college or training provider. Government funding will make up the remaining 90%.
If you have any questions about how you can get the very best from the Apprenticeship Levy or if you would like more information on taking on an Apprentice, please contact the Apprenticeship Team on 0161 886 7461 or e-mail trafford.first@trafford.ac.uk.
The Apprenticeship Levy was introduced in April 2017 and is designed to support companies in creating and funding of three million Apprenticeship starts by 2020.
Here are some key facts on the Levy: The first levy payments were due in April 2017 and will be paid through Pay As You Earn (PAYE) The levy will apply to any company where the salary bill is £3m [&hellip
More businesses than ever are benefiting from employing an Apprentice with Trafford College who they can train and develop alongside the vision and values of their organisation
At Trafford College we aim to provide businesses with suitable training and development programmes to help improve your businesses output, maintain customer loyalty, and enhance your overall market position
Our specialist ACS & AM2 Centre is a recognised centre for learners to update their certificates in Gas and Plumbing to continue to work in the industry