Apprenticeship Levy – are you geared for April changes?

From April 2018 employers who pay the Apprenticeship Levy will be able to transfer apprenticeship funds to other organisations to pay for their apprenticeship training and assessment. The Education and Skills Funding Agency (ESFA) provide some useful pointers to help employers prepare for making these transfers, these include:

•  Consider how much funding you will be able to transfer
•  Consider the total costs of any apprenticeships you would like to support
•  Find a receiving employer
•  Have detailed conversations with your receiving employer
•  Agree the details in advance with the receiving employer before starting to set up the transfer on the apprenticeship service

More information about the changes and the support available can be found via the following links:

https://www.gov.uk/guidance/transferring-apprenticeship-service-funds

5 pointers to help employers prepare for transfers on the apprenticeship service

British Marine members with any questions about the on-going apprenticeship reforms or the development of the new marine apprenticeship standards may contact Chris Holmes at cholmes@britishmarine.co.uk