Cash boost for apprenticeships launched

Need advice? We can help.Get in touch today

As part of its “Plan for Jobs”, the government has now announced that, from 1 June 2021, employers of all sizes in England can claim £3,000 for each new apprentice they hire (or have already hired) between 1 April 2021 and 30 September 2021. According to the government, this cash incentive is designed to help more employers invest in the skilled workforce they need for the future. 

The original apprenticeship incentive scheme, launched in July 2020, offered employers £1,500 for each new apprentice aged 25 or over, or £2,000 for each new apprentice aged 16 to 24, recruited between 1 August 2020 and 31 March 2021.

The incentive is paid in addition to the funding available to employers for training and assessing apprentices. Employers can choose how to spend the money.

Useful information for Cash boost for apprenticeships launched

IndividualsLimited CompaniesSole Trader or Partnership

The Chancellor of the Exchequer, Rishi Sunak, delivered his Spring Statement on Wednesday 23 March 2022. Here is an outline the key measures affecting

Read more
IndividualsLimited CompaniesSole Trader or Partnership

This month we are asking our tax and accounts managers to share their top tips for saving tax as the 2021/22 tax year draws

Read more
Limited CompaniesSole Trader or Partnership

A company might have a great product or service but without a business growth strategy to help it define, articulate and communicate where it

Read more
IndividualsLimited CompaniesSole Trader or Partnership

Throughout the last two years, many small business owners have faced the economic uncertainties accompanying an international pandemic. However, while many companies are struggling

Read more
wave

I am a...