17th June 2021

As announced by the Chancellor Rishi Sunak at the 2021 Budget, employers taking on apprentices between 1 April 2021 and 30 September 2021 are now entitled to a bonus of £3,000 per apprentice, regardless of their age.

The extra funding, which can be applied for from 1 June 2021, is in addition to the £1,000 employers already receive for hiring an apprentice who is either aged 16 to 18 years old or who is under 25 with an education, health and care plan (EHCP) or has been in the care of their local authority.

The payment is different to apprenticeship levy funds, and employers can choose how to spend the cash, for example, to cover uniform, travel or salary costs for the apprentice.

Further guidance can be found here.

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