Apprentice incentive payment deadline approaching
27 January 2022
Apprentices eligible for the government £3,000 incentive payment to employers must start their employment between 1 October 2021 and 31 January 2022 (inclusive). The apprenticeship start date must be between 1 October 2021 and 31 March 2022 (inclusive).
The funds, which do not need to be paid back, are paid in addition to the £1,000 employers can receive for hiring an apprentice who is either:
• aged 16 to 18 years old
• under 25 and has an education, health and care plan or has been in the care of their local authority
Applications close on 15 May 2022, with the payments being made in 2 instalments following the apprentice being employed for 90 days and then 365 days.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.