Apprenticeship funding
Whether you already pay an apprenticeship levy, do not need to pay one, or need support accessing additional funding, Skills4Pharmacy has the experienced team to unlock the potential of Apprenticeships in your business.
You pay the apprenticeship levy
You'll receive funds to invest in training and assessing your apprentices.
You do not pay the apprenticeship levy
You contribute 5%, the government will fund the remaining 95% of training costs.
Additional Funding
You can receive £1,000 to support your apprentice in the workplace.
Expert apprenticeship funding advice from Skills4Pharmacy
The financial aspects of apprenticeships depend on whether your company pays the apprenticeship levy. Skills4Pharmacy has years of experience advising on the correct route for your business.
Contact us to understand which bracket will meet your needs and how easy it is to apply.
You pay the apprenticeship levy
If you pay the apprenticeship levy, you'll receive funds to invest in training and assessing your apprentices. The government generously adds a 10% top-up to your contributions.
To manage your funding and provider payments you can use your apprenticeships service account.
You do not pay the apprenticeship levy
As a non-levy employer, you contribute 5% towards training and assessment costs. You'll need to agree on a payment schedule with your chosen training provider and make payments directly to them.
The government will fund the remaining 95% of training costs, up to the funding band maximum, by directly paying the training provider.
Additional funding
You can receive £1,000 to support your apprentice in the workplace if, at the start of their apprenticeship training, they fall into one of the following categories:
16 to 18 years old (or 15 years old if the apprentice’s 16th birthday is between the last Friday of June and 31 August)
19 to 24 years old with an education, health and care (EHC) plan
19 to 24 years old and have been in care
You have the flexibility to use this £1,000 to support your apprentice in any way that relates to their employment, including their salary, travel costs, or uniform.
You can find out more on thegov.uk website.