In the autumn budget statement, Chancellor of the Exchequer Philip Hammond confirmed that from April 2019, apprenticeship Levy paying organisations will be able to transfer 25% of any unused Levy funds to organisations in the supply chain to help them support apprenticeships, and that the contribution that non-Levy firms make to the cost of training apprentices will decrease from 10% to 5%. Details of the announcement can be found here.
Currently, Levy paying organisations can transfer 10% of unspent funds to other eligible organisations to support their apprenticeship programmes. This will rise to 25% from April 2019. This provides a greater opportunity for Levy paying organisations to support the skills of their supply chain organisations. Details of how organisations can transfer Levy funds to other organisations can be found here.
Organisations that do not pay the apprenticeship Levy but who employ apprentices and who pay a training provider for the training element of the apprenticeship are currently expected to pay 10% towards the cost of delivery. This will reduce to 5%m with the date of implementation to be confirmed.