In England apprenticeships are either paid for by the apprenticeship levy, or through the process of co-investment. As an employer, how you fund your apprenticeship scheme will be dependent on the size of your annual wage bill.
If you exceed the prescribed threshold, HMRC will automatically deduct funds which will then sit in a levy pot ready to pay for apprenticeship training costs. For those companies who have a wage bill below the threshold, a small contribution will be combined with government assistance to help pay for training costs.
In the Devolved Nations such as Scotland, Northern Ireland and Wales, apprenticeships are still government-funded. Lifetime supports partners in navigating devolved funding.
Have more questions about funding rules? Read our guide to the apprenticeship levy or visit the apprenticeship funding for employers page.