Section 2: How is the apprenticeship funded?

If and how you contribute towards the cost of an apprenticeship will depend on if you are an SME (non-levy) or large employer (levy):

Non-Levy: SME (Small to Medium Enterprise) Annual wage bill under £3m p.a.

Under 50 staff aged 18 or under, the programmes are free. Anyone 19+ (no upper age limit) there is a 5% contribution from the employer, the remaining 95% is draw down directly from the government by the training provider. The 5% become payable 6 weeks after initial enrolment has taken place. This 6-week gap is known a qualifying period. If you decide to remove them before 6 weeks, then there is no invoice; after 6 weeks the 5% is non-refundable, but there are no other financial penalties for the employer if the staff member leaves at any future point in the programme. KTA will simply pause the staff members apprenticeship and attempt to continue the programme with the next employer (where appropriate). If not, the programme simply finishes. To see the 5% contributions for the programmes we offer, see section 4. Initially, to register your business as ‘ready for apprenticeships’, allowing you to access funding, you will need to create a DAS (digital apprenticeship service) account – see section 3.

Levy: Large employer Annual wage bill over £3m p.a.

You will fund this directly out of your apprenticeship levy and will need to create a DAS (digital apprenticeship service) account to start – see section 3. To work out your levy, please click >here< or contact apprenticeships@knightsltd.co.uk /  02080 687050.