Before the referendum there was much uncertainty, partly fuelled by comments from the Skills Minister, Nick Boles, regarding the future of the Apprenticeship Levy should the result be in favour of leaving the EU.
Post Brexit, Nick Boles has announced that we should plan for the Levy to go ahead as planned, with the introduction date still being 6th April 2017. He also commented that skills training would be more important than ever in the light of Brexit and that any Conservative Government would be fully supportive of funding Apprenticeships.
Further information was expected this week, including details about funding caps and eligibility, however this has been delayed. We have been informed that this will be released before the summer recess, so mid-July.
What does this mean for you?
In terms of Apprenticeship funding it is still business as usual. Funded Apprenticeships are still available, including full funding for 16-18 year olds on existing Apprenticeship frameworks. Funding for those starting an Apprenticeship this summer will not be withdrawn so you can continue to recruit and train apprentices as planned.
If you have any questions about Apprenticeships or for more information on the Levy please contact Cassandra Macdonald, Head of Professional Apprenticeships, at email@example.com.