Making the most of the apprenticeship levy

By Lancashire Business View

10 Oct 2017

By Charlotte Scheffmann, assistant principal of Accrington and Rossendale College.

You probably already know that from May 2017 companies with annual staffing costs of over £3m are paying into a ‘levy pot’ for apprenticeship training within their company.

All other businesses are classed as ‘non levy’ companies and are entitled to receive government contributions to support their apprenticeship training.

The question is: how do you access this funding in order to benefit your company from apprenticeship provision?

Well here is a brief outline of the answer: A tendering process has recently been launched by funders to identify training providers who will support you through the process from start to finish. Outcomes from the tendering process are expected later in September, so watch this space.

It is expected that these non-levy contracts will be up and running from January 2018, which means businesses will continue to engage with successful colleges and training providers to engage apprentices who can support business objectives as they provide solutions to skills shortages, succession planning, fresh ideas and a skilled workforce for the future.

Apprenticeships for under 16 to 18 year olds in a company with up to 50 employees are still free to the employer.

In other cases, employers will be expected to make a contribution of 10% towards the costs associated with training whilst the government contract provides the other 90%. Accrington & Rossendale College, along with others, is working hard to support employers and businesses to find their way through the world of apprenticeship reforms, making sure you receive all the financial support that you are entitled to.

Accrington & Rossendale College is recognised as a leading training provider in the North West of England. We are experts in delivering and designing training for businesses in a wide range of sectors. We work closely with over 3,000 regional and national employers to develop the highly skilled, productive and loyal workforces of the future in a cost effective way.

Latest news

1

Rospen shares global reach and industry expertise with MP Grant McGeever and Sarah Smith MP

Rospen shares global reach and industry expertise with MP

23 Dec 2024

2

The Flow Group acquires Blackburn based Modern Bookbinders in strategic asset purchase The Flow Group's Richard, Mick and Helen

The Flow Group acquires Blackburn based Modern Bookbinders in strategic asset purchase

23 Dec 2024

3

fulfilmentcrowd reports record-breaking performance LeeThompsonfulfilmentcrowd

fulfilmentcrowd reports record-breaking performance

20 Dec 2024

4

Record year for Grant Thornton Northern deals team The team

Record year for Grant Thornton Northern deals team

20 Dec 2024

5

New partner among family team hires as Brabners strengthens personal offer Cara Nuttall Chris Fairhurst And Hannah Saxe

New partner among family team hires as Brabners strengthens personal offer

20 Dec 2024

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
The Lancashire Festival of Business
FOB 315
Exhibitions
30 Jan 2025

The Lancashire Festival of Business

Impact Conferencing, Burnley, BB12 6QP

09:30 - 16:00

Skills Bootcamp in Procurement - Cohort 3
Blue-Modern-Land-Travel-Youtube-Thumbnail-2-1024x576.png.png
LBV Hub Awards
14 Jan 2025 - 18 Mar 2025

Skills Bootcamp in Procurement - Cohort 3

Community & Business Partners CIC, Blackburn, BB2 3UA

09:30 - 13:00

Preston Tech Connection - January Meet-Up
Nov Preston Tech Connection event banner-4.png.png
LBV Hub Networking
15 Jan 2025 - 15 Jan 2025

Preston Tech Connection - January Meet-Up

Society1 Coworking Space, Preston, PR1 3LT

18:00 - 19:30

R.I.S.E. and Shine
thumbnail_Emma Weston Illustration WENDY BOWERS RISE Illustrstion.jpg.jpg
LBV Hub Seminars
16 Jan 2025 - 16 Jan 2025

R.I.S.E. and Shine

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

08:45 - 11:00

The Business Network Central & East Lancashire
LBV Hub Networking
16 Jan 2025 - 16 Jan 2025

The Business Network Central & East Lancashire

Mytton Fold, Langho, BB6 8AB

11:30 - 14:15

LBV120 Magazine Launch Event
DSC9389
Networking
17 Jan 2025

LBV120 Magazine Launch Event

Lancastrian Suite, Town Hall, Chorley, PR7 1DP

08:30 - 10:30

Red Rose Awards 2025
Red Rose Awards 2025
Awards
13 Mar 2025

Red Rose Awards 2025

Winter Gardens Blackpool

18:00 - 11:59

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV118 Online Graphic
Subscribe now

Weekly news bulletin