Transferring apprenticeship service funds to another employer
23 April 2018
From April 2018, employers in England who pay the apprenticeship levy will be able to transfer apprenticeship service funds to other organisations to pay for their apprenticeship training and assessment.
Geographical extent - Apprenticeships are a devolved policy and this update applies only for apprentices in England. Each of the UK nations manages their own apprenticeship programmes, including how funding is spent on apprenticeship training. If you’re an employer with operations in Scotland, Wales or Northern Ireland, you may also want to contact your apprenticeship authority.
For the first phase, employers can transfer up to 10% of their annual funds to one other employer. The number of employers they can make a transfer to will increase over time and after user feedback from the first phase.
Key dates:
- Levy-paying employers who use the apprenticeship service will be able to see their transfer allowance at the end of April 2018
- Employers will be able to make a transfer to one other organisation from May 2018
- The receiving organisation will be able to start adding apprentice commitments from May 2018
For further information, go to the GOV.UK webpage transferring apprenticeship service funds.
This information was highlighted in the recent Agent Update 65