Released 13 September 2021
The Government has launched an online service enabling large businesses that pay the apprenticeship levy to spend their levy funds.
Large employers can already transfer up to 25% of their annual levy pot to support other employers to take on apprentices. The new service will simplify the process for both employers looking to transfer funds and businesses wanting to access funding. Now, levy paying employers can advertise their funding pledges on a dedicated gov.uk page, enabling a much wider range of businesses to browse and apply for available funds.
Further details can be found at https://www.gov.uk/government/news/more-businesses-to-offer-apprenticeships.