In the 2015 Autumn Statement, the chancellor George Osborne announced a new apprenticeship levy of 0.5% on company payrolls to raise £3bn a year and fund three million apprenticeships.
Since this announcement, information has been coming out on a weekly basis. As experts in the provision of apprenticeship behavioural skills development, we have been following these changes closely. We have compiled a short document of our key findings to date.
APPRENTICESHIP LEVY SUMMARY DOWNLOAD
To download our latest summary about the levy please complete the form on the right.
August 2016: The government's initial proposals for apprenticeship funding in England from May 2017 has been released. You will find the document here.
July 2016: Robert Halfon is the new minister for apprenticeships and skills following the resignation of Nick Boles on 13 July. Halfon takes this role within the expanded Department for Education, which now incorporates skills, apprenticeships and higher education.
May 2016: The Outward Bound Trust have successfully entered the Skills Funding Agency’s (SFA) register of training organisations. The register is a list of organisations that have passed the SFA's due diligence and capacity and capability questions and are approved to be invited to tender for education and training services under the apprenticeship levy. Funds from the levy can only be spent on approved suppliers like The Trust.
How we can help you…
All apprenticeship standards will now include behaviours, as well as technical skills. If you have been tasked with planning your approach to delivering the required behavioural elements then we can help. As an award winning supplier to the apprenticeship sector, we can support you to review your early talent behavioural development strategy ready to implement with the levy in 2017. Contact us for more information.