Pledge and transfer apprenticeship levy funds
Employers who pay the apprenticeship levy (those with an annual pay bill of more than £3 million) will be able to pledge unspent levy funds (up to their 25% transfer allowance) to support apprenticeships in other businesses via a new online service.
All businesses will be able to see these transfer opportunities on a gov.uk webpage and employers will be able to apply for funding to pay for 100% of their apprenticeship training and assessment costs (up to the funding band maximum).
Access the latest versions of apprenticeship standards
When you or an employer add a future apprentice to the apprenticeship service, they will be automatically assigned to the latest version of the chosen apprenticeship standard, based on the planned start date for the apprentice.
Employers will also be able to upgrade existing apprentices onto the latest versions of their apprenticeship standards.
This will ensure apprentices receive training and assessment in line with the latest industry requirements, and employers can benefit from their up-to-date skills.
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07 Sep 2021