Transferring levy funds for good | COPA Apprenticeships

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Mochdre Business Park
St David's House
Colwyn Bay
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Email: enquiries@copaapprenticeships.com

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Transferring levy funds for good

Published: 24.03.2020

The latest stats released by the Department of Education reveal a drop in Apprenticeship starts in small businesses, whereas they’re on the up within large, levy-paying business.

According to the stats, in 2018-19, Apprenticeships were more likely within large employers, with 61 per cent starting at companies with more than 250 employees. In 2016-17, this figure was 46 per cent. Conversely, the number of apprentices employed by small employers has decreased from 37 per cent in 2016-17 to 27 per cent in 2018-19.

We also know levy funds are going unused.

There is a way to use these funds, and to address the drop in starts within smaller organisations. We’re talking about collaborative and partnership working.

We’re working with a number of levy-paying employers wanting to do some good with unused levy funds. As they’re allowed to transfer up to 25% of their annual levy contribution to other employers, they’re looking at transfers to:

  • Key business partners
  • Businesses within their supply chain
  • Local businesses
  • Local charities

Any transfers take place through the Apprenticeship Service and can be used to fund training and assessment costs for new apprenticeship starts in these other organisations.

If you’re a levy paying employer, have funds available and want to support skills development and progression within smaller businesses, why not consider this approach?

You can transfer to one employer or a number of employers – there’s no limit. The limiting factor would be the funds you have available – this is calculated by the apprenticeship service:

We can work with you and any partners to navigate the rules around the transferral of funds, including ensuring recipient organisations stay within state aid rules.

Get in touch if this is of interest.

enquiries@copaapprenticeships.com

For further reading, the government guidance is here: https://www.gov.uk/guidance/transferring-apprenticeship-service-funds

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COPA Apprenticeships is a trading name of North Wales Training, an independent training provider owned by Grŵp Llandrillo Menai (GLLM), one of the largest further education providers in the UK.