Collaboration

opportunities

We work with a number of large, local organisations to support apprenticeships

HOT Apprenticeships can support you with the transfer of levy funds or to sponsor an apprenticeship through a levy transfer. We often collaborate with organisations that are able to transfer their unspent levy funds, so the apprenticeships we deliver are completely funded.

Does your

company

pay the levy?

The government asks large businesses to pay an Apprenticeship Levy. The purpose of the levy is to encourage large businesses to employ and train staff using apprenticeships. The levy also generates funds to subsidise the cost of apprenticeship training for
smaller businesses

Levy-paying organisations are able to transfer 25% of their unspent levy funds to other, smaller paying businesses. This can be to any business (levy or non-levy) or a government approved Apprenticeship Training Agency. Most organisations that transfer funds do so to help their supply chain or SMEs access training they couldn’t otherwise afford.
Essentially, a transfer means you don’t have to contribute to the cost of apprenticeship training. It also gives you the choice of all the providers listed on the Register of Apprenticeship Training Providers.

If you’d like to collaborate with HOT through a levy transfer, please get in touch.

How do I know if I need to pay the Levy?

More information about whether you are a levy paying organisation and what this means.

If you have an annual payroll of over £3million
Approximately 2% of businesses in the UK pay the levy
0.5% of your annual pay bill is automatically placed into your online Apprenticeship Levy pot on a monthly basis by HMRC, topped up by 10% from
Levy-payers must use the Government’s Apprenticeship Funding As an employer, you can get additional help with funding an apprentice from the government.

Non-levy paying organisations

If you are not required to pay the apprenticeship levy, you can still hire apprentices and run an apprenticeship program. Further information for you, as a non-levy paying company:

Your company doesn’t pay the levy if its annual payroll is less than £3million
Approximately 98% of businesses in the UK don’t pay the levy
Non-levy payers pay just 5% of the apprenticeship training costs (plus VAT in some circumstances)
The government pays the remaining 95% of the costs

All employers will use the online apprenticeship service to manage and pay for apprenticeship training. You will be invoiced for your 5% contribution by your training provider.

Further Funding and Support

Employers are not required to pay National Insurance Contributions for apprentices under the age of 25 on earnings below the higher tax rate of £827 a week (£43,000 a year).
£1,000 payment to both you and the learning provider when you train a 16- to 18-year-old.
£1,000 payment to both you and the learning provider when you train a 19- to 24-year-old, who has previously been in care or who has a local authority, education, health and care plan.

If you’d like further information about local levy-transfer opportunities, please get in touch.

Collaboration opportunties with Covea Insurance

The HOT Apprenticeships team is pleased to welcome pladis Global, owners of the fantastic McVitie’s Cake portfolio, made at their factory in Halifax as a collaborator in its levy transfer programme. Working with the organisation, HOT has been able to support eight learners with Early Years Practitioner Level 2 and Early Years Educator Level 3 qualifications, meaning that small local organisations in the early years sector can take on apprentices and support their workforce with skills that benefit all involved.