The Government has extended the claim period of the apprenticeship incentive payment for businesses taking on new apprentices. Businesses can now claim the £3,000 payment up until the end of January 2022.
At the Conservative party conference earlier this month, Chancellor Rishi Sunak announced that he has ringfenced £500m to support people returning to work following the end of furlough. This support includes extending the apprenticeship incentive payment.
The apprenticeship incentive payments were introduced in July 2020 as part of the Government’s Plan For Jobs. According to GOV.UK, by the end of September 2021 35,220 employers had claimed the incentive payments while hiring 101,460 new apprentices.
Employers will be able to apply for a £3,000 payment for new apprentices with an employment start date between 1 October 2021 and 31 January 2022. The apprentices can be any age.
The ESFA has advised that operational details, including details of the application window, will follow shortly. We will update this article when further information is available.
Incentive payment claims for eligible apprentices hired between 1st April and 30th September 2021 remain unchanged. Employers must submit their claim for related payments by no later than 30th November 2021.
Besides our services as an EPAO, Instructus Skills is a pan-sector skills body and the UK’s largest apprenticeship certification authority.
If you have any questions about applying for the apprenticeship incentive payments or any other part of the process, contact us today for impartial advice.