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01432359244
Close
  • About
    • Work With Us
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    • Level 5 Operations Departmental Manager
    • Level 4 Associate Project Manager
    • Level 3 Senior Financial Services
    • Level 3 Customer Service Specialist with Sales
    • Level 3 Customer Service Specialist
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    • Level 3 Business Administrator Standard
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Tuesday August 20, 2019

What Can I Spend My Apprenticeship Levy On?

Lewis Horner
By Lewis Horner

What you CAN and CAN’T spend your Levy funds on

What you can spend your Apprenticeship Levy on!

  • Apprenticeship Standards
  • End Point Assessment

Even though you can only spend your Levy on Apprenticeship Standard Qualifications there is a huge variety available covering all aspects of your business.

Take a look at the Apprenticeship Standards available to use with your Apprenticeship Levy here.

End Point Assessment is 20% of the overall funding for the qualification.

For example:

If a learner was to start a Level 3 Team Leader Supervisor Apprenticeship Standard which totals to £5,000

80% will be drawn out of your account over 18 months (£4,000)

Therefore, the remaining 20% for the End Point Assessment will be debited out of your account upon the learner completing their EPA.

What you can’t spend your Apprenticeship Levy on!

Below is a list of what you can't spend your Levy funds on, meaning you cannot draw funding out of your digital account.

  • Wages
  • Travel subsidiaries
  • Management
  • Traineeships
  • Work placements
  • Brokerages
  • In-house training programmes
  • Licences needed to practice
  • Commercial training

For instance, if you were to employ a new manager you can use your Apprenticeship Levyfunds to train them within their new management role.

Training existing staff

Maximise the use of your Apprenticeship Levy by training existing staff.

The main areas to consider when selecting existing staff are:

  • Project Management
  • Operations/Departmental Management
  • Human Resources
  • Team Leader Supervisor
  • Learning & Development

Training your existing staff will help use your Apprenticeship Levy funds. Have a read of our blog 'Apprenticeships are for everyone' to get a better idea of who can enrol onto an Apprenticeship

Training existing staff will also teach them new skills within their roles therefore increasing staff retention.

Additional incentives for young Apprentices

If you were to take on an Apprentice between the age of 16-18 you will receive a £1000 incentive. £500 will be paid once the Apprentice has completed 3 months of the Apprenticeship Standard. The final £500 will be paid once the Apprentice completes their End Point Assessment.

Apprenticeships

Use Your Levy Before You Lose Your Levy

Posted on 20th August 2019
Use It or Lose It – The Apprenticeship Levy The term ‘use it or lose it’ has been used by training providers over the last few months because if an organisation does not spend their Apprenticeship...
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Apprenticeships

The Levy And How It Has Changed

Posted on 20th August 2019
The Levy is well and truly underway and the numbers of organisations who are now engaging is making steady progress after an understandably slow start. In October the government announced a package...
Read more
Apprenticeships

What Does Taking On An Apprentice Involve?

Posted on 19th August 2019
What does taking on an Apprentice involve? “Offering Apprenticeships has been a great benefit to our business. We’ve seen Apprentices grow through their courses. Our managers are actively involved in...
Read more

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Speak to our friendly team today to find out what options are available for you and your business.

Alternatively, take a look at any of the below:
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