Apprenticeship Levy Transfer

/ / News

Staffordshire Chamber of Commerce currently have a member business, from the ceramic sector, who is an Apprenticeship Levy Payer.

This business is interested in identifying SME’s across Stoke-on-Trent and Staffordshire, who would like to benefit from an Apprenticeship Levy Transfer. Currently, Levy Payers can support the cost of apprenticeships in other organisations by transferring a percentage of their unspent apprenticeship funds to other employers.

From April 2019, the rate available to transfer, increased to 25% of the annual value of funds entering the apprenticeship service account. These funds can be transferred to any employer, including smaller employers in their supply chain.

Transferred funds will be used to pay for the training and assessment cost of the apprenticeships agreed with the receiving employer.

If you would like to be considered or would like to find out more about apprenticeship levy transfer, then please contact tom.nadin@staffordshirechambers.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *