Are you thinking about training and employing an apprentice but worried about the cost?
The government announced that cash payments for employers who take on apprentices were increasing to their highest level ever. These grants are live now but you need to move fast because they end on 31st January 2022.
Now, for an apprentice of any age, you can claim a grant of £3,000 to put towards their training, their salary or any equipment you need to buy. This is up from £1,500 (or £2,000 for those aged 24 and under).
And this is in addition to the existing £1,000 payment for all new 16-18 year-old apprentices (and those aged under 25 with an Education, Health and Care Plan, where that applies). So, an employer of a 16 – 18 year-old will receive £4000.
Local Combined Authorities
CITB Apprenticeship Grants and Levy
CITB pay grants for attendance and achievements on approved intermediate and advanced apprenticeships in England, Wales and Scotland. This grant for intermediate and advanced level apprenticeships covers:
- Off-the-job attendance with an approved apprenticeship provider.
- Achievement of an apprenticeship framework, including advanced apprenticeship frameworks.
- Achievement of an End Point Assessment (EPA) of a new apprenticeship standard (England only).