So far levy donors have pledged £4,216,300 and we have utilised £2,172,500
52%
The apprenticeship levy share scheme is a government-backed programme that allows large employers to transfer up to 50% of their unused levy funds to other businesses. This can help smaller businesses take on apprentices and invest in their workforce.
The apprenticeship levy share scheme is a great way to support apprenticeships and help enhance the UK's workforce. As Members accrue unused levy funds, they can transfer them to smaller businesses that are looking to take on apprentices — helping to level the playing field and give everyone the opportunity to learn and develop their skills.
The scheme is simple to use. You can find eligible businesses on this apprenticeship service website. Once you have received an application for funds, you will be asked to approve the request. The funds will then be transferred to the other business and can be used to pay for the training and assessment of their apprentices.
The apprenticeship levy share scheme is a great way to give back to your community and help create a skilled workforce for the future. If you are a large employer with unused levy funds, we encourage you to consider using the scheme.