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Date posted: 01/04/2019

Apprenticeship employer fees halved from April 1

Apprenticeship employer fees halved from April 1

Following the chancellor’s announcement in his budget speech, April 1st 2019 saw a change in apprenticeship funding, with the Government now providing 95% funding and SME businesses needing to contribute only 5% of the costs of apprenticeships instead of 10%.

The number of individuals on Apprenticeships has drop drastically over the last year and it is hoped that this reduction will see the number of smaller employers utilising apprenticeships to upskill current or new members of staff.

If you are an SME business and are considering taking on an Apprentice, we can help. Call Mark on 0113 4401475 to discuss your needs further