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