The deadline to apply for the apprenticeship incentive payment is just weeks away, employers have been warned.
Businesses who hired an apprentice with an employment start date from 01 April to 30 September need to apply by 30 November 2021.
For those with an employment start date from 01 October 2021 to 31 January 2022, however, the deadline is 15 May 2022.
Under the scheme, employers can earn up to £3,000 to cover the cost of apprenticeships, such as uniform, specialist equipment, travel, relevant licenses and memberships to professional bodies or industry associations, training, and salary.
The non-repayable grant comes in addition to the existing £1,000 an employer will automatically receive for taking on an apprentice who is either aged 16 to 18 years old or is under 25 years old and has an education, health and care plan or has been in the care of their local authority.
To claim the grant, you must first add the apprentices to your apprenticeship service account and submit an application for each eligible apprentice.
The Government will send the payment in two equal instalments for each apprentice. The first and second instalment will be paid after your apprentice has completed their first 90 and 365 days, respectively.
For more guidance on hiring an apprentice, please click here.
For help and advice with related matters, please get in touch with our team today.
Having qualified with Bronsens, Katy looks after a growing portfolio of clients. Katy enjoys helping her client’s transition to cloud based solutions.
Based in Chipping Norton, Tracey processes a large number of payroll for our clients, from the simple directors only through to large complex company payrolls. Our payroll department is fully BACS accredited.
Payroll Manager
Payroll Manager
Sheila brings her wealth of farming knowledge to the practice and looks after our farming portfolio and advises our clients on a wide range or topics.
Zoe is currently studying for her ACCA exams. Working alongside other team members Zoe is building up her knowledge in all aspects of accountancy and is Xero certified.
Hannah has her own portfolio of clients and helps them address all of their business needs, from cloud migration to audits.
Sonia has a wealth of experience in accounting practice. She looks after a varied portfolio across a wide range of industries including:
Based in Witney Judy looks after all aspects of our admin requirements ensuring the practice runs smoothly. Judy is Xero certified and looks after our bookkeeping.
Katie is currently studying for her ACCA exams. Working alongside other team members Katie is building up her knowledge in all aspects of accountancy and is Xero certified.
Jo is Xero certified and works across both offices in our accounts preparation department.
Sarah heads up our busy audit team and looks after a wide portfolio of clients