Government's Plan for Jobs
The Chancellor has announce an incentive payment for employers who hire an apprentice between 1 August 2020 and 31 January 2021.
The apprentice must be a new employee to the business, have a contract of employment start date between 1 August 2020 and 31 January 2021 (inclusive) and must not have been employed by the employer within the six months prior to the contract start date.
There will be two levels of payment based on age. For apprentices aged 16-24 the payment will be £2,000, and for apprentices aged 25 or over the payment will be £1,500.
There will be no limit on the number of incentive payments that an employer can claim for apprentices eligible to receive funding, provided each apprentice meets the criteria, including being a new employee.
Find out more about the Government's Plan for Jobs.
The Government will pay 100% of apprenticeship costs for employers with fewer than 50 employees who wish to employ a 16- to 18-year-old or an eligible 19- to 24- year-old as described in the Funding Rules.
Find out more about support for small employers.
Apprentices under 19
If you employ a 16-18-year-old apprentice into your organisation you can claim a £1000 investment grant to support the employment of your apprentice. This support is also available to support eligible 19- to 24-year-old as described in the Funding Rules.
Find out more about grants for apprentices.