LCR APPRENTICESHIP LEVY PLEDGE
The Apprenticeship Levy was introduced by Government in May 2017. Since then employers who have a pay bill of more than £3m per year have had to pay into their own Apprenticeship Levy account. Levy funds are paid monthly, and if unused after 24 months, are recovered by Government. It’s estimated that since May 2017 over £3.3b of Levy funding has been recovered nationally as it has been unused.
The Employer Brokerage Team within the LCR Combined Authority have been working with Levy paying employers to facilitate Levy transfer which will pay 100% of the training costs of an Apprenticeship. Levy paying employers can gift up to 25% of their Levy funds and our aim is to keep as much Levy funding as possible in the City Region to benefit local employers.
£3M total transferred to support Liverpool City Region employers. ROI of £81M.
656 Apprenticeship Starts: 15 levy payers and 51 receiving organisations.
WANTING TO RECEIVE APPRENTICESHIP LEVY FUNDING?
If you are looking to receive Apprenticeship Levy funding then please complete and submit the following form:
LOOKING TO SHARE YOUR APPRENTICESHIP LEVY?
Are you an Apprenticeship Levy paying employer who would be interested in gifting some of your Levy funds. If so then please complete and submit the following form to register.
We are proud to have worked with and supported the following organisations as part of the LCR Apprenticeship Levy Programme:
- MerseyCare NHS Foundation Trust
- Wirral University Teaching Hospital NHS Foundation Trust
- Alder Hey Children’s NHS Foundation Trust
- Liverpool Football Club