Incentives to small businesses
Small employers can now take advantage of new Government incentives to employ a new apprentice.
The incentives, which mean training can be fully funded for eligible learners, replace the previously available AGE grants and apply to those businesses which have employed an average of 49 or fewer employees in the year before an apprentice starts.
The Government will waiver the 10% contribution employers are normally required to pay under the new rules introduced this year, and make a £1,000 payment, if the apprentice is aged 16-18 years old at the start of their apprenticeship. £500 will be paid after three months and then £500 nine months later.
The incentives also apply to apprentices aged 19-24 who have an education, health and care plan (EHC) or who have been in the care of a local authority. Help is also available if, before enrolling on an apprenticeship framework, the apprentice has a postcode listed within the 27% most deprived areas of the country.
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