Last week’s Budget introduced a number of changes to apprenticeship funding. From the next academic year, the 10% top?up that Apprenticeship Levy payers receive will be withdrawn and funds will only be available for 12 months once paid into a Levy account, rather than the 24 months that employers currently have to use up their funds.
In addition, once an employer’s Levy funds have been spent, the Government’s contribution to further training costs will drop from 95% to 75%, increasing the cost to employers from 5% to 25%. Non?Levy payers will no longer have to contribute 5% to the cost of apprenticeships for learners aged 22 ? 24.
Congratulations to Marion Marsland, Chief Executive of Build UK member TICA, who has been appointed the new Chair of the CSCS Alliance, which brings together the 37 card schemes that carry the CSCS logo. With experience overseeing the TICA Skill Card, which is part of the CSCS Alliance, Marion will serve a two-year term as Chair, with the option of a further two?year extension.
