Government Grants

 

 

Key Information

The Government has announced that any employer that hires an apprentice from the 1st April 2021, is eligible to access a government grant of £3000 – £4000 per apprentice.

 

16-18 years old £4000 grant

£1000 employer incentive grant paid in two instalments of £500.

£3000 for the new bonus scheme announced by Rishi Sunack.

19+ years of age £3000 grant

£3000 for the new bonus scheme announced by Rishi Sunack.

All employers are required to pay the 5% contribution to any apprentices training cost.

Please click on the below link to find out more information.

https://www.gov.uk/guidance/incentive-payments-for-hiring-a-new-apprentice

 

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