If you were thinking of employing an apprentice the government are now providing support for smaller businesses that do not pay the apprenticeship levy. There are 4 ways to access this help in the ‘STEP’ arrangement:
Support: The government will pay 90% of your training and assessment costs for the lifetime of the apprenticeship, any age, any level (up to a funding band maximum)
Teen grant: an extra £1,000 grant will be paid when you take on a 16 to 19 year old, or a 19 to 24 year old that has previously been in care.
Entrepreneur offer: If you have under 50 staff you will also see 100% of training and assessment costs paid for if you recruit an apprentice aged 16 to 18.
Provision for additional support: If you take on those with additional learning needs, further support is also available.
And a reminder that you are not required to pay NIC for apprentices under the age of 25 on earnings below the higher tax rate of £827 per/week.
If you need further advice on this please contact us
01271 375271 01237 471881
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