The department will be issuing guidance to levy-paying employers regarding measures that will allow them to transfer up to 10% of the annual value of funds entering their apprenticeship service account to another employer or an apprenticeship training agency. This guidance will be issued prior to the introduction of these measures in April 2018.
The levy allows employers to spend their funds on the apprenticeship training that they judge best meets their needs. Funds in an employer’s levy account can only be used towards the cost of approved apprenticeship training and assessment. The purpose of the levy and the associated funds is to drive the uptake of quality apprenticeship training.
The government will continue to work with employers and providers on how the apprenticeship levy is best spent to meet employers’ needs and support productivity across the country.