Incentives
Funding & incentives are available to support your apprentices
Apprenticeships with Access Training
There is funding available to support businesses and apprentices. We can talk you through the options and make securing support easy and straightforward.
Apprenticeship Funding
If you employ an apprentice aged 16-21, and you have 49 or less employees, then you will be eligible for full funding to cover the cost of the apprenticeship programme.
Financial Incentives
There is also an additional incentive of £1000 available to all employers (regardless of company size) that take on an apprentice aged 16-18 years and those under 25 with an education, health and care plan. This is to recognise the additional costs/support that may be required when recruiting a young person. The first half is payable when your apprentice has completed their first 13 weeks on the apprenticeship programme and the second half is available after 52 weeks. There’s no need to complete complicated forms – this will be all processed automatically when your apprentice enrols.
This incentive is not only available for new recruits to your company, but if you have already employed a staff member that is aged 16-18, and you then decide to enrol them onto an apprenticeship – they will still be eligible for the incentive.
National Insurance Breaks for Employers of Apprentices Under 25
Employers of apprentices under the age of 25 are not required to pay secondary Class 1 (employer) National Insurance contributions (NIC) on earnings up to the Upper Earnings Limit (currently £40,000), for those employees.
They must be under 25 years old and following an approved UK government statutory apprenticeship framework or standard.
For further information please email us at: hello@accesstraining.org and we will be in touch soon or alternatively call us on 0191 4904646, to view our Gateshead training centre please click here.