Apprenticeship funding reform - PAYE or direct credit model?
07 April 2014
Last chance to give your opinion on the proposed PAYE or direct credit funding models for Apprenticeships.
Please spare 20 minutes to provide your thoughts on the two funding models proposed for Apprenticeships.
As you will be aware the government is keen to increase the number of apprenticeships and not just for the lower grade qualifications i.e. 2/3 but right up to Master’s level. The government has confirmed responsibility for funding will pass to the employer. HMRC will be responsible for delivering the funding payments. There are two models in the consultation document:
Model 1 – through the PAYE system and real time reporting submissions; Employment Payment Summary (EPS)
Model 2 – direct credit model.
The CIPP, AAT and the CIPD are jointly surveying our respective memberships and professions. We would therefore be grateful if you could read the consultation document and spare 20 minutes of your time to complete this important survey.
The survey will close at midnight, Friday 11 April 2014. This is to allow the membership bodies to submit a formal written response by the shorter than normal consultation deadline of 1 May 2014. Thank you in advance for sharing your views.