How does the Apprenticeship Levy work?
The Government’s Apprenticeship Levy was introduced in April 2017, requiring UK employers with an annual pay bill of over £3 million to pay 0.5% of this bill to an apprenticeship training ‘pot’.
The Levy can be complicated, but there is an opportunity for employers to reap benefits and – combined with other funding – ensure they have strong support for their apprenticeship programme.
Employers who pay the Levy and are committed to apprenticeship training will be able to get out more than they pay in, through a 10% top-up applied to their apprenticeship service account. For non-Levy paying employers, the Government will contribute 90% towards the cost of their apprenticeship training.
To ensure a consistent quality of apprenticeship training, the Levy requires that companies train their apprentices with an organisation on the Register of Apprenticeship Training Providers. Fashion Enter is the leading training provider for the Fashion and Textiles apprenticeship and at the Fashion Technology Academy offering technical apprenticeships from Level 2 right through to Level 5 in Bespoke Tailoring
The Apprenticeship Levy isn’t just for young people. It can also be used to up-skill existing workers through management apprenticeships
The aim is to give employers genuine control of the training they buy – purchasing the apprenticeship training that they need from the provider that they choose to grow their skills of the business.
Fashion Enter specialises in garment technology, patterns and stitching and currently works with employers such as M&S, New Look, ASOS, the Arcadia Group and Huntsman.
To enquire about how we can help your business grow with an apprentice please contact email@example.com